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
5 VIOLET LANE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £381,500 in December 2019, which was around 4% above the average December 2019 detached price in the West Devon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 VIOLET LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Two of the three 5 VIOLET LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2019 12 DEC | £381,500 | £366,411 | 4% above HPI |
2016 25 NOV | £342,500 | £339,022 | 1% above HPI |
2015 6 MAR | £210,000 | £301,364 | 30% below HPI |
The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three 5 VIOLET LANE sales between March 2015 and December 2019 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 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
5 VIOLET LANE is 140m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses by size in Tavistock, and where 5 VIOLET LANE lies on this distribution: 71% of detached houses are smaller than 5 VIOLET LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Tavistock.
5 VIOLET LANE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 5 VIOLET LANE, 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 5 VIOLET LANE). 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.
5 VIOLET LANE is located in TAVISTOCK, in the PL19 postcode district. The below map shows the position of No. 5 on VIOLET LANE.