TOWER HILL COTTAGE, CHERITON FITZPAINE, CREDITON, EX17 4JE - £442,500

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.

TOWER HILL COTTAGE is a small extended detached house of 112m², built sometime before 1900, which could now be worth an estimated £412,796. It was last sold for £442,500 in May 2023, which was around 2% below the average May 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was D.

TOWER HILL COTTAGE Sold Prices

Land registry data shows six sales for TOWER HILL COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. three of the six TOWER HILL COTTAGE sales were for below the average price, and six 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
2023 31 MAY	£442,500	£452,058	2% below HPI
2016 16 AUG	£300,000	£325,138	8% below HPI
2007 25 APR	£294,500	£280,612	5% above HPI
2003 31 OCT	£200,000	£233,575	14% below HPI
2001 14 SEP	£179,500	£160,372	12% above HPI
1996 31 OCT	£87,000	£85,894	1% above HPI

TOWER HILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The six TOWER HILL COTTAGE sales between October 1996 and May 2023 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 August 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might TOWER HILL COTTAGE be worth now?

TOWER HILL COTTAGE might now be worth an estimated £412,796.

This is based on house price deflation of 6.7%, between May 2023 and February 2025, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% deflationary decrease is applied to the most recent sale price for TOWER HILL COTTAGE of £442,500 on 31st May 2023. For the value to have decreased from £442,500 to £412,796 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of TOWER HILL COTTAGE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2023 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of TOWER HILL COTTAGE has not materially changed since May 2023.

How Large is TOWER HILL COTTAGE?

TOWER HILL COTTAGE is 112m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses houses in Cheriton Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Fitzpaine, and where TOWER HILL COTTAGE lies on this distribution: 34% of detached houses houses are smaller than TOWER HILL COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cheriton Fitzpaine.

TOWER HILL COTTAGE: Plot and Title Map

TOWER HILL COTTAGE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of TOWER HILL 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 TOWER HILL 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 TOWER HILL COTTAGE?

TOWER HILL COTTAGE is located in CHERITON FITZPAINE, in the EX17 postcode district. The below map shows the position of TOWER HILL COTTAGE in CHERITON FITZPAINE.