ARMADA, DRAKE ROAD, TAVISTOCK, PL19 0EJ - £243,500

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.

ARMADA is a large extended detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £391,554. It was last sold for £243,500 in April 2013, which was around 15% below the average April 2013 detached price in the West Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

ARMADA Sold Prices

Land registry data shows two sales for ARMADA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two ARMADA 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
2013 11 APR	£243,500	£285,203	15% below HPI
1998 12 JUN	£69,750	£102,875	32% below HPI

ARMADA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two ARMADA sales from June 1998 and April 2013 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 June 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might ARMADA be worth now?

ARMADA might now be worth an estimated £391,554.

This is based on house price inflation of 60.8%, between April 2013 and February 2025, for 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 60.8% inflationary increase is applied to the most recent sale price for ARMADA of £243,500 on 11th April 2013. For the value to have increased from £243,500 to £391,554 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of ARMADA has moved in line with the HPI for detached houses in the West Devon local authority area.
• The April 2013 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of ARMADA has not materially changed since April 2013.

How Large is ARMADA?

ARMADA is 134m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tavistock, and where ARMADA lies on this distribution: 66% of detached houses houses are smaller than ARMADA, and 33% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

ARMADA: Plot and Title Map

ARMADA sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of ARMADA, 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 ARMADA). 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 ARMADA?

ARMADA is located on DRAKE ROAD in TAVISTOCK, in the PL19 postcode district. The below map shows the position of ARMADA on DRAKE ROAD.