9, RAYER ROAD, TIVERTON, EX16 4EE - £285,000

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.

9 RAYER ROAD is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £395,583. It was last sold for £285,000 in February 2015, which was around 6% below the average February 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

9 RAYER ROAD Sold Prices

Land registry data shows two sales for 9 RAYER 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 9 RAYER 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
2015 23 FEB	£285,000	£303,825	6% below HPI
2009 11 DEC	£213,000	£269,385	21% below HPI

9 RAYER 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 9 RAYER ROAD sales from December 2009 and February 2015 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 December 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 9 RAYER ROAD be worth now?

9 RAYER ROAD might now be worth an estimated £395,583.

This is based on house price inflation of 38.8%, between February 2015 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 38.8% inflationary increase is applied to the most recent sale price for 9 RAYER ROAD of £285,000 on 23rd February 2015. For the value to have increased from £285,000 to £395,583 over the ten years to February 2025, the following assumptions must hold true:

• The value of 9 RAYER ROAD has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The February 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RAYER ROAD has not materially changed since February 2015.

How Large is 9 RAYER ROAD?

9 RAYER ROAD is 92m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% 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 9 RAYER ROAD lies on this distribution: 30% of detached houses houses are smaller than 9 RAYER ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

9 RAYER ROAD: Plot and Title Map

9 RAYER ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 9 RAYER 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 9 RAYER 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 9 RAYER ROAD?

9 RAYER ROAD is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 9 on RAYER ROAD.