WOODBINE COTTAGE, OLD QUAY LANE, MARINE PARADE, INSTOW, BIDEFORD, EX39 4HY - £675,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WOODBINE COTTAGE is a small extended detached house of 102m², built sometime before 1900. It was last sold for £675,000 in November 2023, which was around 52% above the average November 2023 detached price in the North Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was F, and the potential energy rating was B.

WOODBINE COTTAGE Sold Prices

Land registry data shows two sales for WOODBINE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two WOODBINE COTTAGE sales 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 14 NOV	£675,000	£443,254	52% above HPI
2019 28 MAY	£545,000	£349,053	56% above HPI

WOODBINE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two WOODBINE COTTAGE sales from May 2019 and November 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 May 2019 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is WOODBINE COTTAGE?

WOODBINE COTTAGE is 102m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Instow, based on EPC data. The below chart shows the distribution of detached houses by size in Instow, and where WOODBINE COTTAGE lies on this distribution: 24% of detached houses are smaller than WOODBINE COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Instow.

WOODBINE COTTAGE: Plot and Title Map

WOODBINE COTTAGE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of WOODBINE 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 WOODBINE 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 WOODBINE COTTAGE?

WOODBINE COTTAGE, OLD QUAY LANE is located on MARINE PARADE in INSTOW, in the EX39 postcode district. The below map shows the position of WOODBINE COTTAGE, OLD QUAY LANE on MARINE PARADE.