12, ORKNEY MEWS, TIVERTON, EX16 6TP - £285,000

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.

12 ORKNEY MEWS is a very small extended detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £323,166. It was last sold for £285,000 in November 2020, which was around 23% below the average November 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

12 ORKNEY MEWS Sold Prices

Land registry data shows four sales for 12 ORKNEY MEWS 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 12 ORKNEY MEWS 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
2020 9 NOV	£285,000	£371,908	23% below HPI
2016 13 SEP	£216,000	£330,792	35% below HPI
2007 30 MAR	£204,000	£279,087	27% below HPI
1999 27 AUG	£79,500	£110,634	28% below HPI

12 ORKNEY MEWS 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 12 ORKNEY MEWS sales between August 1999 and November 2020 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 September 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 ORKNEY MEWS be worth now?

12 ORKNEY MEWS might now be worth an estimated £323,166.

This is based on house price inflation of 13.4%, between November 2020 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 13.4% inflationary increase is applied to the most recent sale price for 12 ORKNEY MEWS of £285,000 on 9th November 2020. For the value to have increased from £285,000 to £323,166 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 ORKNEY MEWS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ORKNEY MEWS has not materially changed since November 2020.

How Large is 12 ORKNEY MEWS?

12 ORKNEY MEWS is 82m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 12 ORKNEY MEWS lies on this distribution: 18% of detached houses houses are smaller than 12 ORKNEY MEWS, and 81% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

12 ORKNEY MEWS: Plot and Title Map

12 ORKNEY MEWS sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 12 ORKNEY MEWS, 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 ORKNEY MEWS). 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 ORKNEY MEWS?

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