31, BANKSIA CLOSE, TIVERTON, EX16 6TT - £235,000

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

31 BANKSIA CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £235,000 in July 2016, which was around 24% below the average July 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

31 BANKSIA CLOSE Sold Prices

Land registry data shows two sales for 31 BANKSIA CLOSE 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 31 BANKSIA CLOSE 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
2016 18 JUL	£235,000	£309,527	24% below HPI
1995 22 DEC	£65,950	£80,948	19% below HPI

31 BANKSIA CLOSE 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 31 BANKSIA CLOSE sales from December 1995 and July 2016 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 December 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 BANKSIA CLOSE?

31 BANKSIA CLOSE is 72m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 31 BANKSIA CLOSE lies on this distribution: 10% of detached houses are smaller than 31 BANKSIA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

31 BANKSIA CLOSE: Plot and Title Map

31 BANKSIA CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 31 BANKSIA CLOSE, 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 31 BANKSIA CLOSE). 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 31 BANKSIA CLOSE?

31 BANKSIA CLOSE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 31 on BANKSIA CLOSE.