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

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 FALCON WAY is a small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £291,603. It was last sold for £184,950 in April 2006, which was around 31% 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	£267,472	31% below HPI
2005 15 APR	£186,000	£237,139	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2006 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 FALCON WAY be worth now?

2 FALCON WAY might now be worth an estimated £291,603.

This is based on house price inflation of 57.7%, between April 2006 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 57.7% inflationary increase is applied to the most recent sale price for 2 FALCON WAY of £184,950 on 7th April 2006. For the value to have increased from £184,950 to £291,603 over the nineteen years and two months to February 2025, the following assumptions must hold true:

• The value of 2 FALCON WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2006 sale price of £184,950 represented a fair market value for the property.
• The size, condition, and specification of 2 FALCON WAY has not materially changed since April 2006.

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 houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiverton, and where 2 FALCON WAY lies on this distribution: 25% of detached houses 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.