RIVERCOTE, CHAPEL LANE, HORRABRIDGE, YELVERTON, PL20 7SP - £345,000

RIVERCOTE is a very small extended detached house of 82m², built sometime before 1900. It was last sold for £345,000 in July 2022, which was around 22% below the average July 2022 detached price in the West Devon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

RIVERCOTE Sold Prices

Land registry data shows three sales for RIVERCOTE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three RIVERCOTE 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
2022 7 JUL	£345,000	£444,947	22% below HPI
2004 19 MAR	£170,700	£256,918	34% below HPI
1995 16 OCT	£66,750	£81,482	18% below HPI

RIVERCOTE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three RIVERCOTE sales between October 1995 and July 2022 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 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is RIVERCOTE?

RIVERCOTE is 82m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses by size in Horrabridge, and where RIVERCOTE lies on this distribution: 15% of detached houses are smaller than RIVERCOTE, and 83% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.

RIVERCOTE: Plot and Title Map

RIVERCOTE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of RIVERCOTE, 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 RIVERCOTE). 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 RIVERCOTE?

RIVERCOTE is located on CHAPEL LANE in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of RIVERCOTE on CHAPEL LANE.