FOUNTAIN COTTAGE, MORCHARD BISHOP, CREDITON, EX17 6NS - £300,000

FOUNTAIN COTTAGE is a very large extended detached house of 171m², built sometime between 2003 and 2006. It was last sold for £300,000 in August 2020, which was around 17% below the average August 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

FOUNTAIN COTTAGE Sold Prices

Land registry data shows two sales for FOUNTAIN 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 Mid Devon local authority area for the corresponding sale date. Both of the two FOUNTAIN 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
2020 20 AUG	£300,000	£361,287	17% below HPI
2014 24 MAR	£250,000	£274,202	9% below HPI

FOUNTAIN 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 two FOUNTAIN COTTAGE sales from March 2014 and August 2020 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 March 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is FOUNTAIN COTTAGE?

FOUNTAIN COTTAGE is 171m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 10% of detached houses in Morchard Bishop, based on EPC data. The below chart shows the distribution of detached houses by size in Morchard Bishop, and where FOUNTAIN COTTAGE lies on this distribution: 90% of detached houses are smaller than FOUNTAIN COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Morchard Bishop.

FOUNTAIN COTTAGE: Plot and Title Map

FOUNTAIN COTTAGE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of FOUNTAIN 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 FOUNTAIN 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 FOUNTAIN COTTAGE?

FOUNTAIN COTTAGE is located in MORCHARD BISHOP, in the EX17 postcode district. The below map shows the position of FOUNTAIN COTTAGE in MORCHARD BISHOP.