8, WITHY CLOSE, TIVERTON, EX16 4HY - £310,000

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

8 WITHY CLOSE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £310,000 in July 2022, which was around 27% below the average July 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

8 WITHY CLOSE Sold Prices

Land registry data shows four sales for 8 WITHY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 8 WITHY 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 22 JUL	£310,000	£427,119	27% below HPI
2017 12 OCT	£240,000	£337,756	29% below HPI
2007 31 JAN	£195,000	£278,402	30% below HPI
1997 23 MAY	£53,500	£89,164	40% below HPI

8 WITHY 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 four 8 WITHY CLOSE sales between May 1997 and July 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 October 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 WITHY CLOSE?

8 WITHY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 8 WITHY CLOSE lies on this distribution: 17% of detached houses are smaller than 8 WITHY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

8 WITHY CLOSE: Plot and Title Map

8 WITHY CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 WITHY 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 8 WITHY 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 8 WITHY CLOSE?

8 WITHY CLOSE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 8 on WITHY CLOSE.