PITT COTTAGE, SHEBBEAR, BEAWORTHY, EX21 5QP - £334,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PITT COTTAGE is a very small extended detached house of 89m², built sometime before 1900. It was last sold for £334,000 in November 2019, which was about the average November 2019 detached price in the Torridge local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was D.

PITT COTTAGE Sold Prices

Land registry data shows two sales for PITT 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 PITT COTTAGE sales was roughly equal to 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
2019 29 NOV	£334,000	£334,575	Close to HPI
2008 27 MAR	£320,000	£289,478	11% above HPI

PITT 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 PITT COTTAGE sales from March 2008 and November 2019 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 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is PITT COTTAGE?

PITT COTTAGE is 89m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Shebbear, based on EPC data. The below chart shows the distribution of detached houses by size in Shebbear, and where PITT COTTAGE lies on this distribution: 9% of detached houses are smaller than PITT COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Shebbear.

PITT COTTAGE: Plot and Title Map

PITT COTTAGE sits on a plot of roughly 0.475 of an acre, or 1,923m². The below map shows the location of PITT 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 PITT 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 PITT COTTAGE?

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