HORSE SHOE COTTAGE, CHURCH STREET, MORCHARD BISHOP, CREDITON, EX17 6PQ - £265,000

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.

HORSE SHOE COTTAGE is a small extended semi-detached house of 102m², built sometime before 1900, which could now be worth an estimated £284,503. It was last sold for £265,000 in September 2021, which was around 2% above the average September 2021 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was D.

HORSE SHOE COTTAGE Sold Prices

Land registry data shows three sales for HORSE SHOE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. The three HORSE SHOE COTTAGE sales were a mix of above the average price, and roughly equal to 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 30 SEP	£265,000	£259,581	2% above HPI
2006 3 MAR	£228,750	£177,519	29% above HPI
1999 30 SEP	£69,500	£69,499	Close to HPI

HORSE SHOE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three HORSE SHOE COTTAGE sales between September 1999 and September 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 March 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might HORSE SHOE COTTAGE be worth now?

HORSE SHOE COTTAGE might now be worth an estimated £284,503.

This is based on house price inflation of 7.4%, between September 2021 and February 2025, for semi-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 7.4% inflationary increase is applied to the most recent sale price for HORSE SHOE COTTAGE of £265,000 on 30th September 2021. For the value to have increased from £265,000 to £284,503 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of HORSE SHOE COTTAGE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The September 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of HORSE SHOE COTTAGE has not materially changed since September 2021.

How Large is HORSE SHOE COTTAGE?

HORSE SHOE COTTAGE is 102m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of semi-detached houses houses in Morchard Bishop, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morchard Bishop, and where HORSE SHOE COTTAGE lies on this distribution: 32% of semi-detached houses houses are smaller than HORSE SHOE COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Morchard Bishop.

HORSE SHOE COTTAGE: Plot and Title Map

HORSE SHOE COTTAGE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of HORSE SHOE 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 HORSE SHOE 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 HORSE SHOE COTTAGE?

HORSE SHOE COTTAGE is located on CHURCH STREET in MORCHARD BISHOP, in the EX17 postcode district. The below map shows the position of HORSE SHOE COTTAGE on CHURCH STREET.