SPRING COTTAGE, PLYMOUTH ROAD, HORRABRIDGE, YELVERTON, PL20 7RL - £115,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRING COTTAGE is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £115,000 in August 2010, which was around 59% below the average August 2010 detached price in the West Devon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING 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 West Devon local authority area for the corresponding sale date. All of the three 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
2010 3 AUG	£115,000	£282,812	59% below HPI
2006 20 JUL	£100,000	£293,007	66% below HPI
1997 23 MAY	£40,000	£89,887	55% below HPI

SPRING 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 three SPRING COTTAGE sales between May 1997 and August 2010 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 July 2006 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the August 2010 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 72m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses by size in Horrabridge, and where SPRING COTTAGE lies on this distribution: 9% of detached houses are smaller than SPRING COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.354 of an acre, or 1,433m². 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 on PLYMOUTH ROAD in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of SPRING COTTAGE on PLYMOUTH ROAD.