MYRTLE COTTAGE, KILN CLOSE LANE, INSTOW, BIDEFORD, EX39 4JZ - £699,000

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.

MYRTLE COTTAGE is a large extended detached house of 194m², built sometime before 1900, which could now be worth an estimated £1,142,963. It was last sold for £699,000 in March 2005, which was around 157% above the average March 2005 detached price in the North Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE 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 MYRTLE 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
2005 15 MAR	£699,000	£272,233	157% above HPI
2001 2 FEB	£302,000	£128,736	135% above HPI

MYRTLE 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 MYRTLE COTTAGE sales from February 2001 and March 2005 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 February 2001 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the March 2005 sale, where it rises to 157% above the HPI. The line then continues to track at 157% above the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £1,142,963.

This is based on house price inflation of 63.5%, between March 2005 and February 2025, 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 63.5% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £699,000 on 15th March 2005. For the value to have increased from £699,000 to £1,142,963 over the twenty years and one month to February 2025, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2005 sale price of £699,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since March 2005.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 194m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Instow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Instow, and where MYRTLE COTTAGE lies on this distribution: 75% of detached houses houses are smaller than MYRTLE COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Instow.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.512 of an acre, or 2,074m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on KILN CLOSE LANE in INSTOW, in the EX39 postcode district. The below map shows the position of MYRTLE COTTAGE on KILN CLOSE LANE.