38, REDVERS WAY, TIVERTON, EX16 6XL - £415,000

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

38 REDVERS WAY is a very large extended detached house of 231m², built sometime between 2003 and 2006. It was last sold for £415,000 in May 2018, which was around 23% above the average May 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

38 REDVERS WAY Sold Prices

Land registry data shows two sales for 38 REDVERS 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 38 REDVERS WAY sales were for above 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
2018 23 MAY	£415,000	£336,581	23% above HPI
2006 15 JUN	£330,000	£249,071	32% above HPI

38 REDVERS 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 38 REDVERS WAY sales from June 2006 and May 2018 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 June 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 38 REDVERS WAY?

38 REDVERS WAY is 231m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 38 REDVERS WAY lies on this distribution: 98% of detached houses are smaller than 38 REDVERS WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

38 REDVERS WAY: Plot and Title Map

38 REDVERS WAY sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 38 REDVERS 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 38 REDVERS 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 38 REDVERS WAY?

38 REDVERS WAY is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 38 on REDVERS WAY.