THE PIPKIN, CHILSWORTHY, HOLSWORTHY, EX22 7BQ - £237,000

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

THE PIPKIN is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £323,419. It was last sold for £237,000 in February 2017, which was around 19% below the average February 2017 detached price in the Torridge local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

THE PIPKIN Sold Prices

Land registry data shows three sales for THE PIPKIN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three THE PIPKIN 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
2017 24 FEB	£237,000	£292,689	19% below HPI
2015 27 APR	£222,500	£283,859	22% below HPI
2009 25 SEP	£202,000	£247,369	18% below HPI

THE PIPKIN 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 three THE PIPKIN sales between September 2009 and February 2017 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might THE PIPKIN be worth now?

THE PIPKIN might now be worth an estimated £323,419.

This is based on house price inflation of 36.5%, between February 2017 and December 2024, 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 36.5% inflationary increase is applied to the most recent sale price for THE PIPKIN of £237,000 on 24th February 2017. For the value to have increased from £237,000 to £323,419 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of THE PIPKIN has moved in line with the HPI for detached houses in the Torridge local authority area.
• The February 2017 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of THE PIPKIN has not materially changed since February 2017.

How Large is THE PIPKIN?

THE PIPKIN is 77m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Chilsworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilsworthy, and where THE PIPKIN lies on this distribution: Less than 1% of detached houses houses are smaller than THE PIPKIN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chilsworthy.

THE PIPKIN: Plot and Title Map

THE PIPKIN sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of THE PIPKIN, 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 THE PIPKIN). 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 THE PIPKIN?

THE PIPKIN is located in CHILSWORTHY, in the EX22 postcode district. The below map shows the position of THE PIPKIN in CHILSWORTHY.