FLAXPITT COTTAGE, WESTLEIGH, TIVERTON, EX16 7HP - £395,000

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.

FLAXPITT COTTAGE is a very large extended detached house of 193m², built sometime between 2003 and 2006, which could now be worth an estimated £581,897. It was last sold for £395,000 in November 2011, which was around 38% above the average November 2011 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

FLAXPITT COTTAGE Sold Prices

Land registry data shows four sales for FLAXPITT COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the four FLAXPITT 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
2011 1 NOV	£395,000	£286,264	38% above HPI
1997 14 NOV	£55,550	£97,513	43% below HPI
1996 6 SEP	£45,000	£84,893	47% below HPI
1995 27 FEB	£34,000	£87,332	61% below HPI

FLAXPITT COTTAGE 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 four FLAXPITT COTTAGE sales between February 1995 and November 2011 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 November 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2011 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might FLAXPITT COTTAGE be worth now?

FLAXPITT COTTAGE might now be worth an estimated £581,897.

This is based on house price inflation of 47.3%, between November 2011 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 47.3% inflationary increase is applied to the most recent sale price for FLAXPITT COTTAGE of £395,000 on 1st November 2011. For the value to have increased from £395,000 to £581,897 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of FLAXPITT COTTAGE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2011 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of FLAXPITT COTTAGE has not materially changed since November 2011.

How Large is FLAXPITT COTTAGE?

FLAXPITT COTTAGE is 193m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Westleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westleigh, and where FLAXPITT COTTAGE lies on this distribution: 86% of detached houses houses are smaller than FLAXPITT COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Westleigh.

FLAXPITT COTTAGE: Plot and Title Map

FLAXPITT COTTAGE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of FLAXPITT 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 FLAXPITT 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 FLAXPITT COTTAGE?

FLAXPITT COTTAGE is located in WESTLEIGH, in the EX16 postcode district. The below map shows the position of FLAXPITT COTTAGE in WESTLEIGH.