YARN HAY COTTAGE, BURNS LANE, MODBURY, IVYBRIDGE, PL21 0PZ - £658,000

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.

YARN HAY COTTAGE is a very large detached house of 171m², built sometime between 1996 and 2002, which could now be worth an estimated £665,391. It was last sold for £658,000 in March 2023, which was around 14% above the average March 2023 detached price in the South Hams local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

YARN HAY COTTAGE Sold Prices

Land registry data shows four sales for YARN HAY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Most of the four YARN HAY 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
2023 24 MAR	£658,000	£577,251	14% above HPI
2014 7 FEB	£370,000	£375,155	1% below HPI
2002 26 MAR	£76,000	£214,326	65% below HPI
1999 2 JUN	£60,000	£135,247	56% below HPI

YARN HAY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four YARN HAY COTTAGE sales between June 1999 and March 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 February 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might YARN HAY COTTAGE be worth now?

YARN HAY COTTAGE might now be worth an estimated £665,391.

This is based on house price inflation of 1.1%, between March 2023 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for YARN HAY COTTAGE of £658,000 on 24th March 2023. For the value to have increased from £658,000 to £665,391 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of YARN HAY COTTAGE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The March 2023 sale price of £658,000 represented a fair market value for the property.
• The size, condition, and specification of YARN HAY COTTAGE has not materially changed since March 2023.

How Large is YARN HAY COTTAGE?

YARN HAY COTTAGE is 171m² according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Modbury, and where YARN HAY COTTAGE lies on this distribution: 82% of detached houses houses are smaller than YARN HAY COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Modbury.

YARN HAY COTTAGE: Plot and Title Map

YARN HAY COTTAGE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of YARN HAY 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 YARN HAY 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 YARN HAY COTTAGE?

YARN HAY COTTAGE is located on BURNS LANE in MODBURY, in the PL21 postcode district. The below map shows the position of YARN HAY COTTAGE on BURNS LANE.