53, REDMOOR CLOSE, TAVISTOCK, PL19 0ER - £370,000

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.

53 REDMOOR CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £370,125. It was last sold for £370,000 in October 2022, which was around 19% below the average October 2022 detached price in the West Devon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

53 REDMOOR CLOSE Sold Prices

Land registry data shows two sales for 53 REDMOOR 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 West Devon local authority area for the corresponding sale date. Both of the two 53 REDMOOR 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
2022 31 OCT	£370,000	£458,459	19% below HPI
1997 14 FEB	£70,000	£84,988	18% below HPI

53 REDMOOR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two 53 REDMOOR CLOSE sales from February 1997 and October 2022 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 February 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 53 REDMOOR CLOSE be worth now?

53 REDMOOR CLOSE might now be worth an estimated £370,125.

This is based on house price inflation of 0%, between October 2022 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% inflationary increase is applied to the most recent sale price for 53 REDMOOR CLOSE of £370,000 on 31st October 2022. For the value to have increased from £370,000 to £370,125 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 53 REDMOOR CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The October 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 53 REDMOOR CLOSE has not materially changed since October 2022.

How Large is 53 REDMOOR CLOSE?

53 REDMOOR CLOSE is 78m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tavistock, and where 53 REDMOOR CLOSE lies on this distribution: 11% of detached houses houses are smaller than 53 REDMOOR CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

53 REDMOOR CLOSE: Plot and Title Map

53 REDMOOR CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 53 REDMOOR 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 53 REDMOOR 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 53 REDMOOR CLOSE?

53 REDMOOR CLOSE is located in TAVISTOCK, in the PL19 postcode district. The below map shows the position of No. 53 on REDMOOR CLOSE.