LAKE COTTAGE, LADYWELL, BARNSTAPLE, EX31 1QS - £216,000

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

LAKE COTTAGE is a small extended detached house of 94m², built sometime before 1900. It was last sold for £216,000 in December 2015, which was around 30% below the average December 2015 detached price in the North Devon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was E.

LAKE COTTAGE Sold Prices

Land registry data shows two sales for LAKE 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 North Devon local authority area for the corresponding sale date. Both of the two LAKE 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
2015 11 DEC	£216,000	£310,290	30% below HPI
2003 23 OCT	£150,000	£215,123	30% below HPI

LAKE 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 two LAKE COTTAGE sales from October 2003 and December 2015 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 October 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2015 sale, which was also at 30% below the HPI.

How Large is LAKE COTTAGE?

LAKE COTTAGE is 94m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where LAKE COTTAGE lies on this distribution: 36% of detached houses are smaller than LAKE COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

LAKE COTTAGE: Plot and Title Map

LAKE COTTAGE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of LAKE 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 LAKE 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 LAKE COTTAGE?

LAKE COTTAGE is located on LADYWELL in BARNSTAPLE, in the EX31 postcode district. The below map shows the position of LAKE COTTAGE on LADYWELL.