16A, MARINA WAY, TIVERTON, EX16 4BP - £325,000

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

16A MARINA WAY is a very small extended detached house of 70m², built sometime between 1976 and 1982. It was last sold for £325,000 in September 2022, which was around 27% below the average September 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

16A MARINA WAY Sold Prices

Land registry data shows four sales for 16A MARINA WAY 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 16A MARINA WAY 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
2022 12 SEP	£325,000	£444,162	27% below HPI
2015 28 OCT	£239,450	£311,139	23% below HPI
2014 22 MAY	£185,000	£273,510	32% below HPI
1996 12 DEC	£64,000	£84,135	24% below HPI

16A MARINA WAY 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 16A MARINA WAY sales between December 1996 and September 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 October 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16A MARINA WAY?

16A MARINA WAY is 70m², which includes one extension, according to the EPC inspection conducted in May 2024. 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 16A MARINA WAY lies on this distribution: 9% of detached houses are smaller than 16A MARINA WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

16A MARINA WAY: Plot and Title Map

16A MARINA WAY sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 16A MARINA WAY, 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 16A MARINA WAY). 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 16A MARINA WAY?

16A MARINA WAY is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 16A on MARINA WAY.