BYWAYS, CREASE LANE, TAVISTOCK, PL19 8EL - £237,000

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.

BYWAYS is a very small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £355,337. It was last sold for £237,000 in August 2014, which was around 23% below the average August 2014 detached price in the West Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

BYWAYS Sold Prices

Land registry data shows three sales for BYWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three BYWAYS 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
2014 18 AUG	£237,000	£305,883	23% below HPI
2007 13 SEP	£237,000	£324,540	27% below HPI
2006 23 OCT	£206,000	£292,452	30% below HPI

BYWAYS 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 three BYWAYS sales between October 2006 and August 2014 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 September 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might BYWAYS be worth now?

BYWAYS might now be worth an estimated £355,337.

This is based on house price inflation of 49.9%, between August 2014 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 49.9% inflationary increase is applied to the most recent sale price for BYWAYS of £237,000 on 18th August 2014. For the value to have increased from £237,000 to £355,337 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of BYWAYS has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2014 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of BYWAYS has not materially changed since August 2014.

How Large is BYWAYS?

BYWAYS is 84m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 BYWAYS lies on this distribution: 15% of detached houses houses are smaller than BYWAYS, and 84% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

BYWAYS: Plot and Title Map

BYWAYS sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of BYWAYS, 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 BYWAYS). 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 BYWAYS?

BYWAYS is located on CREASE LANE in TAVISTOCK, in the PL19 postcode district. The below map shows the position of BYWAYS on CREASE LANE.