7, CHERRY CLOSE, TIVERTON, EX16 6EU - £207,500

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

7 CHERRY CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £207,500 in August 2016, which was around 34% below the average August 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

7 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 7 CHERRY 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 Mid Devon local authority area for the corresponding sale date. Both of the two 7 CHERRY 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
2016 26 AUG	£207,500	£314,086	34% below HPI
2004 2 MAR	£175,000	£229,045	24% below HPI

7 CHERRY CLOSE 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 7 CHERRY CLOSE sales from March 2004 and August 2016 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 March 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 CHERRY CLOSE?

7 CHERRY CLOSE is 65m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 7 CHERRY CLOSE lies on this distribution: 4% of detached houses are smaller than 7 CHERRY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

7 CHERRY CLOSE: Plot and Title Map

7 CHERRY CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 7 CHERRY 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 7 CHERRY 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 7 CHERRY CLOSE?

7 CHERRY CLOSE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 7 on CHERRY CLOSE.