OLD BARN COTTAGE, SHEBBEAR, BEAWORTHY, EX21 5SG - £320,000

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.

OLD BARN COTTAGE is a small extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £350,088. It was last sold for £320,000 in June 2021, which was around 11% below the average June 2021 detached price in the Torridge local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

OLD BARN COTTAGE Sold Prices

Land registry data shows two sales for OLD BARN 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 Torridge local authority area for the corresponding sale date. One of the two OLD BARN COTTAGE sales was for below the average price, whilst the other was 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
2021 2 JUN	£320,000	£358,328	11% below HPI
1997 17 DEC	£87,000	£82,279	6% above HPI

OLD BARN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two OLD BARN COTTAGE sales from December 1997 and June 2021 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 December 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might OLD BARN COTTAGE be worth now?

OLD BARN COTTAGE might now be worth an estimated £350,088.

This is based on house price inflation of 9.4%, between June 2021 and March 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for OLD BARN COTTAGE of £320,000 on 2nd June 2021. For the value to have increased from £320,000 to £350,088 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of OLD BARN COTTAGE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The June 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of OLD BARN COTTAGE has not materially changed since June 2021.

How Large is OLD BARN COTTAGE?

OLD BARN COTTAGE is 118m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Shebbear, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shebbear, and where OLD BARN COTTAGE lies on this distribution: 33% of detached houses houses are smaller than OLD BARN COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Shebbear.

OLD BARN COTTAGE: Plot and Title Map

OLD BARN COTTAGE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of OLD BARN 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 OLD BARN 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 OLD BARN COTTAGE?

OLD BARN COTTAGE is located in SHEBBEAR, in the EX21 postcode district. The below map shows the position of OLD BARN COTTAGE in SHEBBEAR.