RIDGE COTTAGE, CHURCH HILL, KNOWLE, BRAUNTON, EX33 2ND - £440,000

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

RIDGE COTTAGE is a midsized extended detached house of 110m², built sometime before 1900. It was last sold for £440,000 in May 2022, which was around 5% above the average May 2022 detached price in the North Devon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was D.

RIDGE COTTAGE Sold Prices

Land registry data shows three sales for RIDGE 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 RIDGE 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
2022 26 MAY	£440,000	£417,694	5% above HPI
2001 7 DEC	£190,000	£148,781	28% above HPI
1998 31 JUL	£132,000	£93,509	41% above HPI

RIDGE 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 RIDGE COTTAGE sales between July 1998 and May 2022 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 December 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is RIDGE COTTAGE?

RIDGE COTTAGE is 110m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where RIDGE COTTAGE lies on this distribution: 54% of detached houses are smaller than RIDGE COTTAGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Knowle.

RIDGE COTTAGE: Plot and Title Map

RIDGE COTTAGE sits on a plot of roughly 0.524 of an acre, or 2,122m². The below map shows the location of RIDGE 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 RIDGE 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 RIDGE COTTAGE?

RIDGE COTTAGE is located on CHURCH HILL in KNOWLE, in the EX33 postcode district. The below map shows the position of RIDGE COTTAGE on CHURCH HILL.