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

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.

RECTORY COTTAGE is a large extended semi-detached house of 111m², built sometime before 1900, which could now be worth an estimated £437,091. It was last sold for £345,000 in March 2019, which was around 42% above the average March 2019 semi-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 semi-detached price in the West Devon local authority area for the corresponding sale date. All of the four RECTORY 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
2019 18 MAR	£345,000	£242,936	42% above HPI
2013 26 APR	£232,500	£186,757	24% above HPI
2000 17 NOV	£111,000	£84,765	31% above HPI
1995 14 SEP	£89,500	£51,207	75% above HPI

RECTORY COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-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 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2019 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might RECTORY COTTAGE be worth now?

RECTORY COTTAGE might now be worth an estimated £437,091.

This is based on house price inflation of 26.7%, between March 2019 and February 2025, for semi-detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for RECTORY COTTAGE of £345,000 on 18th March 2019. For the value to have increased from £345,000 to £437,091 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of RECTORY COTTAGE has moved in line with the HPI for semi-detached houses in the West Devon local authority area.
• The March 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of RECTORY COTTAGE has not materially changed since March 2019.

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 semi-detached houses houses in Northlew, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Northlew, and where RECTORY COTTAGE lies on this distribution: 65% of semi-detached houses houses are smaller than RECTORY COTTAGE, and 35% 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.