36, GALE WAY, TIVERTON, EX16 5FB - £305,000

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.

36 GALE WAY is a midsized detached house of 114m², which could now be worth an estimated £344,414. It was last sold for £305,000 in December 2020, which was around 18% below the average December 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

36 GALE WAY Sold Prices

Land registry data shows two sales for 36 GALE 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 36 GALE 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
2020 4 DEC	£305,000	£373,452	18% below HPI
2017 3 NOV	£280,000	£352,411	21% below HPI

36 GALE 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 36 GALE WAY sales from November 2017 and December 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 November 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 36 GALE WAY be worth now?

36 GALE WAY might now be worth an estimated £344,414.

This is based on house price inflation of 12.9%, between December 2020 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 12.9% inflationary increase is applied to the most recent sale price for 36 GALE WAY of £305,000 on 4th December 2020. For the value to have increased from £305,000 to £344,414 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 36 GALE WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 36 GALE WAY has not materially changed since December 2020.

How Large is 36 GALE WAY?

36 GALE WAY is 114m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% 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 36 GALE WAY lies on this distribution: 57% of detached houses houses are smaller than 36 GALE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

36 GALE WAY: Plot and Title Map

36 GALE WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 36 GALE 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 36 GALE 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 36 GALE WAY?

36 GALE WAY is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 36 on GALE WAY.