ELM COTTAGES, NORTHLEIGH HILL, GOODLEIGH, BARNSTAPLE, EX32 7NP - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ELM COTTAGES is a small extended detached house of 93m², built sometime before 1900. It was last sold for £260,000 in February 2020, which was around 26% below the average February 2020 detached price in the North Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was G, and the potential energy rating was B.

ELM COTTAGES Sold Prices

Land registry data shows two sales for ELM COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two ELM COTTAGES 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
2020 20 FEB	£260,000	£351,292	26% below HPI
2015 8 MAY	£220,000	£301,790	27% below HPI

ELM COTTAGES 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 two ELM COTTAGES sales from May 2015 and February 2020 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is ELM COTTAGES?

ELM COTTAGES is 93m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Goodleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Goodleigh, and where ELM COTTAGES lies on this distribution: 21% of detached houses are smaller than ELM COTTAGES, and 79% of houses are larger. Note that EPC data is not available for all properties in Goodleigh.

ELM COTTAGES: Plot and Title Map

ELM COTTAGES sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of ELM COTTAGES, 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 ELM COTTAGES). 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 ELM COTTAGES?

ELM COTTAGES is located on NORTHLEIGH HILL in GOODLEIGH, in the EX32 postcode district. The below map shows the position of ELM COTTAGES on NORTHLEIGH HILL.