8, CREASE LANE, TAVISTOCK, PL19 8EW - £300,000

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.

8 CREASE LANE is a midsized extended semi-detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £364,276. It was last sold for £300,000 in March 2021, which was around 18% above the average March 2021 semi-detached price in the West Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

8 CREASE LANE Sold Prices

Land registry data shows two sales for 8 CREASE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Devon local authority area for the corresponding sale date. Both of the two 8 CREASE LANE sales were for above 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
2021 19 MAR	£300,000	£253,475	18% above HPI
2013 1 FEB	£222,000	£185,077	20% above HPI

8 CREASE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Devon local authority area over time, sourced from the HPI. The two 8 CREASE LANE sales from February 2013 and March 2021 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 2013 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 8 CREASE LANE be worth now?

8 CREASE LANE might now be worth an estimated £364,276.

This is based on house price inflation of 21.4%, between March 2021 and February 2025, for semi-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 21.4% inflationary increase is applied to the most recent sale price for 8 CREASE LANE of £300,000 on 19th March 2021. For the value to have increased from £300,000 to £364,276 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 CREASE LANE has moved in line with the HPI for semi-detached houses in the West Devon local authority area.
• The March 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CREASE LANE has not materially changed since March 2021.

How Large is 8 CREASE LANE?

8 CREASE LANE is 108m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of semi-detached houses houses in Tavistock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tavistock, and where 8 CREASE LANE lies on this distribution: 42% of semi-detached houses houses are smaller than 8 CREASE LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

8 CREASE LANE: Plot and Title Map

8 CREASE LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 CREASE 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 8 CREASE 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.

Where is 8 CREASE LANE?

8 CREASE LANE is located in TAVISTOCK, in the PL19 postcode district. The below map shows the position of No. 8 on CREASE LANE.