OLD PARSONAGE COTTAGE, HIGH STREET, HEMYOCK, CULLOMPTON, EX15 3RG - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OLD PARSONAGE COTTAGE is a very small extended detached house of 57m², built sometime before 1900, which could now be worth an estimated £212,631. It was last sold for £180,000 in March 2020, which was around 51% below the average March 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

OLD PARSONAGE COTTAGE Sold Prices

Land registry data shows three sales for OLD PARSONAGE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three OLD PARSONAGE 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
2020 6 MAR	£180,000	£368,019	51% below HPI
2001 6 MAR	£81,500	£141,070	42% below HPI
1998 1 DEC	£65,500	£105,961	38% below HPI

OLD PARSONAGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three OLD PARSONAGE COTTAGE sales between December 1998 and March 2020 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 March 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might OLD PARSONAGE COTTAGE be worth now?

OLD PARSONAGE COTTAGE might now be worth an estimated £212,631.

This is based on house price inflation of 18.1%, between March 2020 and December 2024, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for OLD PARSONAGE COTTAGE of £180,000 on 6th March 2020. For the value to have increased from £180,000 to £212,631 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of OLD PARSONAGE COTTAGE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of OLD PARSONAGE COTTAGE has not materially changed since March 2020.

How Large is OLD PARSONAGE COTTAGE?

OLD PARSONAGE COTTAGE is 57m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemyock, and where OLD PARSONAGE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than OLD PARSONAGE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

OLD PARSONAGE COTTAGE: Plot and Title Map

OLD PARSONAGE COTTAGE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of OLD PARSONAGE 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 PARSONAGE 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 PARSONAGE COTTAGE?

OLD PARSONAGE COTTAGE is located on HIGH STREET in HEMYOCK, in the EX15 postcode district. The below map shows the position of OLD PARSONAGE COTTAGE on HIGH STREET.