RECTORY COTTAGE, NORTHLEW, OKEHAMPTON, EX20 3NJ - £345,000

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

RECTORY COTTAGE is a large extended semi-detached house of 111m², built sometime before 1900. It was last sold for £345,000 in March 2019, which was around 6% below the average March 2019 detached price in the West Devon local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

RECTORY COTTAGE Sold Prices

Land registry data shows four sales for RECTORY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Most of the four RECTORY 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
2019 18 MAR	£345,000	£368,979	6% below HPI
2013 26 APR	£232,500	£281,612	17% below HPI
2000 17 NOV	£111,000	£137,410	19% below HPI
1995 14 SEP	£89,500	£81,274	10% above HPI

RECTORY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The four RECTORY COTTAGE sales between September 1995 and March 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 April 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is RECTORY COTTAGE?

RECTORY COTTAGE is 111m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where RECTORY COTTAGE lies on this distribution: 64% of detached houses are smaller than RECTORY COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Northlew.

RECTORY COTTAGE: Plot and Title Map

RECTORY COTTAGE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of RECTORY 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 RECTORY 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 RECTORY COTTAGE?

RECTORY COTTAGE is located in NORTHLEW, in the EX20 postcode district. The below map shows the position of RECTORY COTTAGE in NORTHLEW.