13, OLD RECTORY CLOSE, INSTOW, BIDEFORD, EX39 4LY - £266,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 OLD RECTORY CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £372,692. It was last sold for £266,000 in March 2017, which was around 16% below the average March 2017 detached price in the North Devon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

13 OLD RECTORY CLOSE Sold Prices

Land registry data shows three sales for 13 OLD RECTORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 13 OLD RECTORY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 10 MAR	£266,000	£317,707	16% below HPI
2006 24 JUL	£233,000	£266,534	13% below HPI
2003 22 MAY	£169,950	£205,228	17% below HPI

13 OLD RECTORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three 13 OLD RECTORY CLOSE sales between May 2003 and March 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 13 OLD RECTORY CLOSE be worth now?

13 OLD RECTORY CLOSE might now be worth an estimated £372,692.

This is based on house price inflation of 40.1%, between March 2017 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.1% inflationary increase is applied to the most recent sale price for 13 OLD RECTORY CLOSE of £266,000 on 10th March 2017. For the value to have increased from £266,000 to £372,692 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 13 OLD RECTORY CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2017 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 13 OLD RECTORY CLOSE has not materially changed since March 2017.

How Large is 13 OLD RECTORY CLOSE?

13 OLD RECTORY CLOSE is 84m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses houses in Instow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Instow, and where 13 OLD RECTORY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 13 OLD RECTORY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Instow.

13 OLD RECTORY CLOSE: Plot and Title Map

13 OLD RECTORY CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 13 OLD RECTORY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 13 OLD RECTORY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 13 OLD RECTORY CLOSE?

13 OLD RECTORY CLOSE is located in INSTOW, in the EX39 postcode district. The below map shows the position of No. 13 on OLD RECTORY CLOSE.