2, CARMEL GARDENS, TAVISTOCK, PL19 8RG - £395,000

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.

2 CARMEL GARDENS is a large extended detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £572,693. It was last sold for £395,000 in July 2015, which was around 25% above the average July 2015 detached price in the West Devon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

2 CARMEL GARDENS Sold Prices

Land registry data shows three sales for 2 CARMEL GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three 2 CARMEL GARDENS sales were for above 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
2015 23 JUL	£395,000	£316,317	25% above HPI
2004 5 JAN	£297,500	£239,808	24% above HPI
2000 8 DEC	£199,000	£138,927	43% above HPI

2 CARMEL GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three 2 CARMEL GARDENS sales between December 2000 and July 2015 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 January 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 CARMEL GARDENS be worth now?

2 CARMEL GARDENS might now be worth an estimated £572,693.

This is based on house price inflation of 45%, between July 2015 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 2 CARMEL GARDENS of £395,000 on 23rd July 2015. For the value to have increased from £395,000 to £572,693 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 2 CARMEL GARDENS has moved in line with the HPI for detached houses in the West Devon local authority area.
• The July 2015 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CARMEL GARDENS has not materially changed since July 2015.

How Large is 2 CARMEL GARDENS?

2 CARMEL GARDENS is 141m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tavistock, and where 2 CARMEL GARDENS lies on this distribution: 72% of detached houses houses are smaller than 2 CARMEL GARDENS, and 27% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

2 CARMEL GARDENS: Plot and Title Map

2 CARMEL GARDENS sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 CARMEL GARDENS, 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 2 CARMEL GARDENS). 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 2 CARMEL GARDENS?

2 CARMEL GARDENS is located in TAVISTOCK, in the PL19 postcode district. The below map shows the position of No. 2 on CARMEL GARDENS.