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

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.

SPRING COTTAGE is a very small detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £184,139. It was last sold for £115,000 in August 2010, which was around 60% 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	£286,418	60% below HPI
2006 20 JUL	£100,000	£296,743	66% below HPI
1997 23 MAY	£40,000	£91,033	56% 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 60% below the HPI. The line then continues to track at 60% below the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £184,139.

This is based on house price inflation of 60.1%, between August 2010 and February 2025, for 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 60.1% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £115,000 on 3rd August 2010. For the value to have increased from £115,000 to £184,139 over the fifteen years and six 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 West Devon local authority area.
• The August 2010 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since August 2010.

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 houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horrabridge, and where SPRING COTTAGE lies on this distribution: 8% of detached houses houses are smaller than SPRING COTTAGE, and 92% 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.