LOWER COTTAGE, BROOK STREET, SLAPTON, KINGSBRIDGE, TQ7 2PW - £842,800

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.

LOWER COTTAGE is a small extended detached house of 113m², built sometime before 1900, which could now be worth an estimated £863,666. It was last sold for £842,800 in January 2022, which was around 48% above the average January 2022 detached price in the South Hams local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

LOWER COTTAGE Sold Prices

Land registry data shows two sales for LOWER 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 South Hams local authority area for the corresponding sale date. Both of the two LOWER COTTAGE sales were for above 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
2022 17 JAN	£842,800	£569,632	48% above HPI
2019 18 OCT	£525,000	£479,037	10% above HPI

LOWER COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two LOWER COTTAGE sales from October 2019 and January 2022 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 2019 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2022 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might LOWER COTTAGE be worth now?

LOWER COTTAGE might now be worth an estimated £863,666.

This is based on house price inflation of 2.5%, between January 2022 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for LOWER COTTAGE of £842,800 on 17th January 2022. For the value to have increased from £842,800 to £863,666 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of LOWER COTTAGE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The January 2022 sale price of £842,800 represented a fair market value for the property.
• The size, condition, and specification of LOWER COTTAGE has not materially changed since January 2022.

How Large is LOWER COTTAGE?

LOWER COTTAGE is 113m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses houses in Slapton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slapton, and where LOWER COTTAGE lies on this distribution: 20% of detached houses houses are smaller than LOWER COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Slapton.

LOWER COTTAGE: Plot and Title Map

LOWER COTTAGE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of LOWER 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 LOWER 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 LOWER COTTAGE?

LOWER COTTAGE is located on BROOK STREET in SLAPTON, in the TQ7 postcode district. The below map shows the position of LOWER COTTAGE on BROOK STREET.