SPRING COTTAGE, BRADWORTHY, HOLSWORTHY, EX22 7TH - £211,000

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

SPRING COTTAGE is a large extended detached house of 105m², built sometime before 1900, which could now be worth an estimated £299,723. It was last sold for £211,000 in April 2015, which was around 26% below the average April 2015 detached price in the Torridge local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was E.

SPRING COTTAGE Sold Prices

Land registry data shows four sales for SPRING 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 Torridge local authority area for the corresponding sale date. All of the four SPRING 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
2015 29 APR	£211,000	£283,859	26% below HPI
2005 11 NOV	£178,500	£250,628	29% below HPI
2005 23 MAR	£165,000	£230,400	28% below HPI
1997 19 DEC	£49,500	£82,279	40% below HPI

SPRING 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 four SPRING COTTAGE sales between December 1997 and April 2015 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 November 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £299,723.

This is based on house price inflation of 42%, between April 2015 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £211,000 on 29th April 2015. For the value to have increased from £211,000 to £299,723 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The April 2015 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since April 2015.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 105m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Bradworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradworthy, and where SPRING COTTAGE lies on this distribution: 66% of detached houses houses are smaller than SPRING COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bradworthy.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located in BRADWORTHY, in the EX22 postcode district. The below map shows the position of SPRING COTTAGE in BRADWORTHY.