BROOK COTTAGE, NORTHLEW, OKEHAMPTON, EX20 3NR - £495,000

BROOK COTTAGE is a very large detached house of 243m², built sometime before 1900. It was last sold for £495,000 in March 2021, which was around 30% above the average March 2021 detached price in the West Devon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was D.

BROOK COTTAGE Sold Prices

Land registry data shows three sales for BROOK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three BROOK COTTAGE sales were for above 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
2021 29 MAR	£495,000	£380,904	30% above HPI
2007 24 MAY	£465,000	£302,550	54% above HPI
1995 20 FEB	£100,000	£87,062	15% above HPI

BROOK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three BROOK COTTAGE sales between February 1995 and March 2021 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 2007 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is BROOK COTTAGE?

BROOK COTTAGE is 243m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where BROOK COTTAGE lies on this distribution: More than 99% of detached houses are smaller than BROOK COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Northlew.

BROOK COTTAGE: Plot and Title Map

BROOK COTTAGE sits on a plot of roughly 0.695 of an acre, or 2,814m². The below map shows the location of BROOK 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 BROOK 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 BROOK COTTAGE?

BROOK COTTAGE is located in NORTHLEW, in the EX20 postcode district. The below map shows the position of BROOK COTTAGE in NORTHLEW.