1, HOFHEIM DRIVE, TIVERTON, EX16 5QD - £219,000

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.

1 HOFHEIM DRIVE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £333,452. It was last sold for £219,000 in August 2011, which was around 21% below the average August 2011 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

1 HOFHEIM DRIVE Sold Prices

Land registry data shows three sales for 1 HOFHEIM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 1 HOFHEIM DRIVE 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
2011 12 AUG	£219,000	£276,966	21% below HPI
2007 4 MAY	£220,000	£278,154	21% below HPI
1995 28 JUL	£67,500	£80,439	16% below HPI

1 HOFHEIM DRIVE 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 three 1 HOFHEIM DRIVE sales between July 1995 and August 2011 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 May 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2011 sale, which was also at 21% below the HPI.

What might 1 HOFHEIM DRIVE be worth now?

1 HOFHEIM DRIVE might now be worth an estimated £333,452.

This is based on house price inflation of 52.3%, between August 2011 and February 2025, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.3% inflationary increase is applied to the most recent sale price for 1 HOFHEIM DRIVE of £219,000 on 12th August 2011. For the value to have increased from £219,000 to £333,452 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 1 HOFHEIM DRIVE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2011 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOFHEIM DRIVE has not materially changed since August 2011.

How Large is 1 HOFHEIM DRIVE?

1 HOFHEIM DRIVE is 75m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiverton, and where 1 HOFHEIM DRIVE lies on this distribution: 13% of detached houses houses are smaller than 1 HOFHEIM DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

1 HOFHEIM DRIVE: Plot and Title Map

1 HOFHEIM DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1 HOFHEIM DRIVE, 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 1 HOFHEIM DRIVE). 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 1 HOFHEIM DRIVE?

1 HOFHEIM DRIVE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 1 on HOFHEIM DRIVE.