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

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

MYRTLE COTTAGE is a large extended detached house of 194m², built sometime before 1900. It was last sold for £699,000 in March 2005, which was around 163% 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	£265,902	163% above HPI
2001 2 FEB	£302,000	£125,742	140% 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 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the March 2005 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

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 in Instow, based on EPC data. The below chart shows the distribution of detached houses by size in Instow, and where MYRTLE COTTAGE lies on this distribution: 75% of detached 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 0.513 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.