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

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.

7 CHERRY CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £269,133. It was last sold for £207,500 in August 2016, which was around 36% 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	£325,138	36% below HPI
2004 2 MAR	£175,000	£237,105	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 7 CHERRY CLOSE be worth now?

7 CHERRY CLOSE might now be worth an estimated £269,133.

This is based on house price inflation of 29.7%, between August 2016 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 29.7% inflationary increase is applied to the most recent sale price for 7 CHERRY CLOSE of £207,500 on 26th August 2016. For the value to have increased from £207,500 to £269,133 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 7 CHERRY CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2016 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CHERRY CLOSE has not materially changed since August 2016.

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 houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiverton, and where 7 CHERRY CLOSE lies on this distribution: 4% of detached houses 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.