7, RACKENFORD ROAD, TIVERTON, EX16 5AG - £247,500

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 RACKENFORD ROAD is a very small extended detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £293,812. It was last sold for £247,500 in March 2019, which was around 30% below the average March 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

7 RACKENFORD ROAD Sold Prices

Land registry data shows two sales for 7 RACKENFORD ROAD 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 RACKENFORD ROAD 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
2019 28 MAR	£247,500	£355,240	30% below HPI
1998 2 JUL	£73,500	£101,677	28% below HPI

7 RACKENFORD ROAD 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 RACKENFORD ROAD sales from July 1998 and March 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 July 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 RACKENFORD ROAD be worth now?

7 RACKENFORD ROAD might now be worth an estimated £293,812.

This is based on house price inflation of 18.7%, between March 2019 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 18.7% inflationary increase is applied to the most recent sale price for 7 RACKENFORD ROAD of £247,500 on 28th March 2019. For the value to have increased from £247,500 to £293,812 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 7 RACKENFORD ROAD has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2019 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RACKENFORD ROAD has not materially changed since March 2019.

How Large is 7 RACKENFORD ROAD?

7 RACKENFORD ROAD is 69m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 RACKENFORD ROAD lies on this distribution: 8% of detached houses houses are smaller than 7 RACKENFORD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

7 RACKENFORD ROAD: Plot and Title Map

7 RACKENFORD ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 7 RACKENFORD ROAD, 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 RACKENFORD ROAD). 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 RACKENFORD ROAD?

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