2, FALCON WAY, TIVERTON, EX16 6WT - £184,950

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

2 FALCON WAY is a small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £184,950 in April 2006, which was around 28% below the average April 2006 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

2 FALCON WAY Sold Prices

Land registry data shows two sales for 2 FALCON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 2 FALCON 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
2006 7 APR	£184,950	£258,380	28% below HPI
2005 15 APR	£186,000	£229,078	19% below HPI

2 FALCON 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 two 2 FALCON WAY sales from April 2005 and April 2006 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 April 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2006 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 FALCON WAY?

2 FALCON WAY is 87m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 2 FALCON WAY lies on this distribution: 25% of detached houses are smaller than 2 FALCON WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

2 FALCON WAY: Plot and Title Map

2 FALCON WAY sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 2 FALCON 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 2 FALCON 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 2 FALCON WAY?

2 FALCON WAY is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 2 on FALCON WAY.