ARCH COTTAGE, BROWNSTON STREET, MODBURY, IVYBRIDGE, PL21 0RG - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ARCH COTTAGE is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £245,000 in June 2023, which was around 58% below the average June 2023 detached price in the South Hams local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

ARCH COTTAGE Sold Prices

Land registry data shows five sales for ARCH COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the five ARCH COTTAGE 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
2023 9 JUN	£245,000	£585,038	58% below HPI
2017 1 AUG	£190,000	£427,264	56% below HPI
2015 30 SEP	£178,000	£408,997	56% below HPI
2013 26 JUL	£148,500	£375,481	60% below HPI
2004 16 JUN	£135,000	£290,653	54% below HPI

ARCH COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The five ARCH COTTAGE sales between June 2004 and June 2023 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 August 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2023 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is ARCH COTTAGE?

ARCH COTTAGE is 65m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where ARCH COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than ARCH COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Modbury.

ARCH COTTAGE: Plot and Title Map

ARCH COTTAGE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of ARCH COTTAGE, 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 ARCH COTTAGE). 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 ARCH COTTAGE?

ARCH COTTAGE is located on BROWNSTON STREET in MODBURY, in the PL21 postcode district. The below map shows the position of ARCH COTTAGE on BROWNSTON STREET.