12, CHERRY CLOSE, TIVERTON, EX16 6EU - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CHERRY CLOSE is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £335,000 in August 2024, which was around 22% below the average August 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

12 CHERRY CLOSE Sold Prices

Land registry data shows three sales for 12 CHERRY CLOSE 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 12 CHERRY CLOSE 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
2024 22 AUG	£335,000	£429,857	22% below HPI
2014 11 JUN	£199,950	£276,638	28% below HPI
2010 14 OCT	£204,000	£277,127	26% below HPI

12 CHERRY CLOSE 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 12 CHERRY CLOSE sales between October 2010 and August 2024 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 June 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 CHERRY CLOSE?

12 CHERRY CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 12 CHERRY CLOSE lies on this distribution: 8% of detached houses are smaller than 12 CHERRY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

12 CHERRY CLOSE: Plot and Title Map

12 CHERRY CLOSE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 12 CHERRY CLOSE, 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 12 CHERRY CLOSE). 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 12 CHERRY CLOSE?

12 CHERRY CLOSE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 12 on CHERRY CLOSE.