3, CHERRY TREE GARDENS, TIVERTON, EX16 6ST - £276,000

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.

3 CHERRY TREE GARDENS is a very large extended detached house of 206m², built sometime between 1983 and 1990, which could now be worth an estimated £364,020. It was last sold for £276,000 in December 2015, which was around 14% below the average December 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

3 CHERRY TREE GARDENS Sold Prices

Land registry data shows three sales for 3 CHERRY TREE 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 Mid Devon local authority area for the corresponding sale date. All of the three 3 CHERRY TREE GARDENS 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
2015 21 DEC	£276,000	£319,742	14% below HPI
2009 4 MAR	£230,000	£255,195	10% below HPI
1997 2 MAY	£87,000	£92,302	6% below HPI

3 CHERRY TREE GARDENS 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 three 3 CHERRY TREE GARDENS sales between May 1997 and December 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 March 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 CHERRY TREE GARDENS be worth now?

3 CHERRY TREE GARDENS might now be worth an estimated £364,020.

This is based on house price inflation of 31.9%, between December 2015 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 31.9% inflationary increase is applied to the most recent sale price for 3 CHERRY TREE GARDENS of £276,000 on 21st December 2015. For the value to have increased from £276,000 to £364,020 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 CHERRY TREE GARDENS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2015 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY TREE GARDENS has not materially changed since December 2015.

How Large is 3 CHERRY TREE GARDENS?

3 CHERRY TREE GARDENS is 206m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% 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 3 CHERRY TREE GARDENS lies on this distribution: 96% of detached houses houses are smaller than 3 CHERRY TREE GARDENS, and 4% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

3 CHERRY TREE GARDENS: Plot and Title Map

3 CHERRY TREE GARDENS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 CHERRY TREE 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 3 CHERRY TREE 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 3 CHERRY TREE GARDENS?

3 CHERRY TREE GARDENS is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 3 on CHERRY TREE GARDENS.