CANAL REACH, THE AVENUE, TIVERTON, EX16 4HP - £310,000

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.

CANAL REACH is a midsized detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £338,046. It was last sold for £310,000 in March 2021, which was around 20% below the average March 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

CANAL REACH Sold Prices

Land registry data shows four sales for CANAL REACH 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 CANAL REACH 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 23 MAR	£310,000	£386,725	20% below HPI
2014 29 SEP	£290,000	£303,727	5% below HPI
2012 23 NOV	£230,000	£279,510	18% below HPI
2001 11 MAY	£143,000	£147,060	3% below HPI

CANAL REACH 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 CANAL REACH sales between May 2001 and March 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 September 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might CANAL REACH be worth now?

CANAL REACH might now be worth an estimated £338,046.

This is based on house price inflation of 9%, between March 2021 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 9% inflationary increase is applied to the most recent sale price for CANAL REACH of £310,000 on 23rd March 2021. For the value to have increased from £310,000 to £338,046 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of CANAL REACH has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of CANAL REACH has not materially changed since March 2021.

How Large is CANAL REACH?

CANAL REACH is 102m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% 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 CANAL REACH lies on this distribution: 42% of detached houses houses are smaller than CANAL REACH, and 58% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

CANAL REACH: Plot and Title Map

CANAL REACH sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of CANAL REACH, 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 CANAL REACH). 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 CANAL REACH?

CANAL REACH is located on THE AVENUE in TIVERTON, in the EX16 postcode district. The below map shows the position of CANAL REACH on THE AVENUE.