5, THE GLADES, OLD ROAD, TIVERTON, EX16 4QD - £233,500

5 THE GLADES is a very small extended detached house of 80m², built sometime between 2003 and 2006. It was last sold for £233,500 in March 2019, which was around 32% below the average March 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

5 THE GLADES Sold Prices

Land registry data shows four sales for 5 THE GLADES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 5 THE GLADES 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
2019 15 MAR	£233,500	£343,164	32% below HPI
2016 5 FEB	£191,000	£295,982	35% below HPI
2005 18 FEB	£180,000	£244,485	26% below HPI
2003 30 APR	£160,000	£216,446	26% below HPI

5 THE GLADES 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 four 5 THE GLADES sales between April 2003 and March 2019 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 THE GLADES?

5 THE GLADES is 80m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 5 THE GLADES lies on this distribution: 17% of detached houses are smaller than 5 THE GLADES, and 82% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

5 THE GLADES: Plot and Title Map

5 THE GLADES sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 THE GLADES, 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 5 THE GLADES). 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 5 THE GLADES?

5 THE GLADES is located on OLD ROAD in TIVERTON, in the EX16 postcode district. The below map shows the position of 5 THE GLADES on OLD ROAD.