BYWAYS, PARK ROAD, TIVERTON, EX16 6AU - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BYWAYS is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £315,000 in February 2021, which was around 16% below the average February 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

BYWAYS Sold Prices

Land registry data shows two sales for BYWAYS 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 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
2021 3 FEB	£315,000	£376,234	16% below HPI
1995 21 JUL	£70,000	£77,705	10% below HPI

BYWAYS 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 BYWAYS sales from July 1995 and February 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 July 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is BYWAYS?

BYWAYS is 89m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where BYWAYS lies on this distribution: 27% of detached houses are smaller than BYWAYS, and 72% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

BYWAYS: Plot and Title Map

BYWAYS sits on a plot of roughly 0.210 of an acre, or 848m². 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 PARK ROAD in TIVERTON, in the EX16 postcode district. The below map shows the position of BYWAYS on PARK ROAD.