23, OLD RECTORY GARDENS, MORCHARD BISHOP, CREDITON, EX17 6PF - £295,000

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.

23 OLD RECTORY GARDENS is a very small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £348,218. It was last sold for £295,000 in August 2018, which was around 17% below the average August 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

23 OLD RECTORY GARDENS Sold Prices

Land registry data shows five sales for 23 OLD RECTORY GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the five 23 OLD RECTORY GARDENS 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
2018 30 AUG	£295,000	£357,262	17% below HPI
2014 9 MAY	£250,000	£283,135	12% below HPI
2011 19 AUG	£195,000	£276,966	30% below HPI
2006 15 MAY	£150,000	£265,724	44% below HPI
2000 15 DEC	£107,500	£139,281	23% below HPI

23 OLD RECTORY GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The five 23 OLD RECTORY GARDENS sales between December 2000 and August 2018 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 May 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 OLD RECTORY GARDENS be worth now?

23 OLD RECTORY GARDENS might now be worth an estimated £348,218.

This is based on house price inflation of 18%, between August 2018 and February 2025, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 23 OLD RECTORY GARDENS of £295,000 on 30th August 2018. For the value to have increased from £295,000 to £348,218 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 23 OLD RECTORY GARDENS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OLD RECTORY GARDENS has not materially changed since August 2018.

How Large is 23 OLD RECTORY GARDENS?

23 OLD RECTORY GARDENS is 88m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Morchard Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morchard Bishop, and where 23 OLD RECTORY GARDENS lies on this distribution: 19% of detached houses houses are smaller than 23 OLD RECTORY GARDENS, and 81% of houses are larger. Note that EPC data is not available for all properties in Morchard Bishop.

23 OLD RECTORY GARDENS: Plot and Title Map

23 OLD RECTORY GARDENS sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 23 OLD RECTORY GARDENS, 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 23 OLD RECTORY GARDENS). 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 23 OLD RECTORY GARDENS?

23 OLD RECTORY GARDENS is located in MORCHARD BISHOP, in the EX17 postcode district. The below map shows the position of No. 23 on OLD RECTORY GARDENS.