33, SPENCER DRIVE, TIVERTON, EX16 4QB - £209,000

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.

33 SPENCER DRIVE is a very small semi-detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £247,617. It was last sold for £209,000 in July 2020, which was around 11% below the average July 2020 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

33 SPENCER DRIVE Sold Prices

Land registry data shows three sales for 33 SPENCER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 33 SPENCER DRIVE 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
2020 3 JUL	£209,000	£235,223	11% below HPI
2009 21 DEC	£150,000	£179,038	16% below HPI
2001 23 NOV	£89,950	£98,516	9% below HPI

33 SPENCER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 33 SPENCER DRIVE sales between November 2001 and July 2020 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 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 33 SPENCER DRIVE be worth now?

33 SPENCER DRIVE might now be worth an estimated £247,617.

This is based on house price inflation of 18.5%, between July 2020 and February 2025, for semi-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 18.5% inflationary increase is applied to the most recent sale price for 33 SPENCER DRIVE of £209,000 on 3rd July 2020. For the value to have increased from £209,000 to £247,617 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 33 SPENCER DRIVE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The July 2020 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 33 SPENCER DRIVE has not materially changed since July 2020.

How Large is 33 SPENCER DRIVE?

33 SPENCER DRIVE is 76m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of semi-detached houses houses in Tiverton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiverton, and where 33 SPENCER DRIVE lies on this distribution: 13% of semi-detached houses houses are smaller than 33 SPENCER DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

33 SPENCER DRIVE: Plot and Title Map

33 SPENCER DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 33 SPENCER DRIVE, 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 33 SPENCER DRIVE). 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 33 SPENCER DRIVE?

33 SPENCER DRIVE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 33 on SPENCER DRIVE.