RAILWAY COTTAGE, INSTOW, BIDEFORD, EX39 4HX - £1,400,000

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

RAILWAY COTTAGE is a very large extended detached house of 276m², built sometime between 1900 and 1929, which could now be worth an estimated £1,358,469. It was last sold for £1,400,000 in March 2023, which was around 215% above the average March 2023 detached price in the North Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

RAILWAY COTTAGE Sold Prices

Land registry data shows three sales for RAILWAY 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 North Devon local authority area for the corresponding sale date. All of the three RAILWAY 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
2023 2 MAR	£1,400,000	£443,959	215% above HPI
2013 23 APR	£725,000	£272,853	166% above HPI
2000 16 OCT	£300,000	£127,283	136% above HPI

RAILWAY 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 three RAILWAY COTTAGE sales between October 2000 and March 2023 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 April 2013 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the March 2023 sale, where it rises to 215% above the HPI. The line then continues to track at 215% above the HPI.

What might RAILWAY COTTAGE be worth now?

RAILWAY COTTAGE might now be worth an estimated £1,358,469.

This is based on house price deflation of 3%, between March 2023 and December 2024, 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 3% deflationary decrease is applied to the most recent sale price for RAILWAY COTTAGE of £1,400,000 on 2nd March 2023. For the value to have decreased from £1,400,000 to £1,358,469 over the three months to December 2024, the following assumptions must hold true:

• The value of RAILWAY COTTAGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2023 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of RAILWAY COTTAGE has not materially changed since March 2023.

How Large is RAILWAY COTTAGE?

RAILWAY COTTAGE is 276m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 RAILWAY COTTAGE lies on this distribution: 92% of detached houses houses are smaller than RAILWAY COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Instow.

RAILWAY COTTAGE: Plot and Title Map

RAILWAY COTTAGE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of RAILWAY 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 RAILWAY 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 RAILWAY COTTAGE?

RAILWAY COTTAGE is located in INSTOW, in the EX39 postcode district. The below map shows the position of RAILWAY COTTAGE in INSTOW.