IVY COTTAGE, PARRACOMBE, BARNSTAPLE, EX31 4RJ - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

IVY COTTAGE is a large extended detached house of 158m², built sometime before 1900, which could now be worth an estimated £260,249. It was last sold for £210,000 in July 2020, which was around 40% below the average July 2020 detached price in the North Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY 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 North Devon local authority area for the corresponding sale date. All of the three IVY 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
2020 7 JUL	£210,000	£347,612	40% below HPI
2017 7 JUL	£210,000	£333,826	37% below HPI
2017 17 FEB	£250,000	£317,713	21% below HPI

IVY COTTAGE 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 three IVY COTTAGE sales between February 2017 and July 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 July 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might IVY COTTAGE be worth now?

IVY COTTAGE might now be worth an estimated £260,249.

This is based on house price inflation of 23.9%, between July 2020 and December 2024, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for IVY COTTAGE of £210,000 on 7th July 2020. For the value to have increased from £210,000 to £260,249 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of IVY COTTAGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of IVY COTTAGE has not materially changed since July 2020.

How Large is IVY COTTAGE?

IVY COTTAGE is 158m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses houses in Parracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parracombe, and where IVY COTTAGE lies on this distribution: 67% of detached houses houses are smaller than IVY COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Parracombe.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located in PARRACOMBE, in the EX31 postcode district. The below map shows the position of IVY COTTAGE in PARRACOMBE.