HOPE COTTAGE, BROOMHILL, CHAGFORD, NEWTON ABBOT, TQ13 8DD - £452,500

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

HOPE COTTAGE is a large detached house of 141m², built sometime between 1900 and 1929. It was last sold for £452,500 in June 2020, which was around 31% above the average June 2020 detached price in the West Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

HOPE COTTAGE Sold Prices

Land registry data shows two sales for HOPE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. One of the two HOPE COTTAGE sales was for above the average price, whilst the other was 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 3 JUN	£452,500	£345,337	31% above HPI
2005 21 DEC	£270,000	£280,333	4% below HPI

HOPE 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 two HOPE COTTAGE sales from December 2005 and June 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 December 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 141m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Chagford, based on EPC data. The below chart shows the distribution of detached houses by size in Chagford, and where HOPE COTTAGE lies on this distribution: 61% of detached houses are smaller than HOPE COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Chagford.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of HOPE 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 HOPE 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 HOPE COTTAGE?

HOPE COTTAGE is located on BROOMHILL in CHAGFORD, in the TQ13 postcode district. The below map shows the position of HOPE COTTAGE on BROOMHILL.