OLD MOLE COTTAGE, SHEBBEAR, BEAWORTHY, EX21 5QP - £430,000

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.

OLD MOLE COTTAGE is a very small detached house of 74m², built sometime before 1900, which could now be worth an estimated £512,320. It was last sold for £430,000 in July 2018, which was around 36% above the average July 2018 detached price in the Torridge local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was A.

OLD MOLE COTTAGE Sold Prices

Land registry data shows two sales for OLD MOLE 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 Torridge local authority area for the corresponding sale date. Both of the two OLD MOLE 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
2018 19 JUL	£430,000	£316,358	36% above HPI
2016 2 SEP	£418,500	£293,913	42% above HPI

OLD MOLE COTTAGE 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 two OLD MOLE COTTAGE sales from September 2016 and July 2018 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 September 2016 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2018 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might OLD MOLE COTTAGE be worth now?

OLD MOLE COTTAGE might now be worth an estimated £512,320.

This is based on house price inflation of 19.1%, between July 2018 and May 2026, 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 19.1% inflationary increase is applied to the most recent sale price for OLD MOLE COTTAGE of £430,000 on 19th July 2018. For the value to have increased from £430,000 to £512,320 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of OLD MOLE COTTAGE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The July 2018 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of OLD MOLE COTTAGE has not materially changed since July 2018.

How Large is OLD MOLE COTTAGE?

OLD MOLE COTTAGE is 74m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Shebbear, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shebbear, and where OLD MOLE COTTAGE lies on this distribution: 2% of detached houses houses are smaller than OLD MOLE COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shebbear.

OLD MOLE COTTAGE: Plot and Title Map

OLD MOLE COTTAGE sits on a plot of roughly 0.950 of an acre, or 3,843m². The below map shows the location of OLD MOLE 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 OLD MOLE 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 OLD MOLE COTTAGE?

OLD MOLE COTTAGE is located in SHEBBEAR, in the EX21 postcode district. The below map shows the position of OLD MOLE COTTAGE in SHEBBEAR.