MAGNOLIA COTTAGE, CHURCH STREET, MODBURY, IVYBRIDGE, PL21 0QP - £112,000

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

MAGNOLIA COTTAGE is a small detached house of 120m², built sometime before 1900. It was last sold for £112,000 in April 1999, which was around 10% below the average April 1999 detached price in the South Hams local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was E.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA 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 MAGNOLIA 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
1999 23 APR	£112,000	£124,755	10% below HPI
1997 7 APR	£85,800	£106,520	19% below HPI

MAGNOLIA 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 MAGNOLIA COTTAGE sales from April 1997 and April 1999 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 April 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 1999 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 120m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where MAGNOLIA COTTAGE lies on this distribution: 38% of detached houses are smaller than MAGNOLIA COTTAGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Modbury.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on CHURCH STREET in MODBURY, in the PL21 postcode district. The below map shows the position of MAGNOLIA COTTAGE on CHURCH STREET.