WREY COTTAGE, MADGE LANE, TAVISTOCK, PL19 0DY - £366,500

WREY COTTAGE is a midsized detached house of 110m², built sometime between 1930 and 1949. It was last sold for £366,500 in August 2022, which was around 19% below the average August 2022 detached price in the West Devon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

WREY COTTAGE Sold Prices

Land registry data shows two sales for WREY 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 West Devon local authority area for the corresponding sale date. One of the two WREY COTTAGE sales was for below the average price, whilst the other was 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
2022 30 AUG	£366,500	£451,739	19% below HPI
2013 20 AUG	£305,000	£287,833	6% above HPI

WREY COTTAGE 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 two WREY COTTAGE sales from August 2013 and August 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 August 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is WREY COTTAGE?

WREY COTTAGE is 110m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses by size in Tavistock, and where WREY COTTAGE lies on this distribution: 44% of detached houses are smaller than WREY COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

WREY COTTAGE: Plot and Title Map

WREY COTTAGE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of WREY 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 WREY 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 WREY COTTAGE?

WREY COTTAGE is located on MADGE LANE in TAVISTOCK, in the PL19 postcode district. The below map shows the position of WREY COTTAGE on MADGE LANE.