HOMELEIGH, MARY TAVY, TAVISTOCK, PL19 9QD - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOMELEIGH is a large extended detached house of 142m², built sometime before 1900, which could now be worth an estimated £429,748. It was last sold for £280,000 in October 2013, which was around 7% below the average October 2013 detached price in the West Devon local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was A.

HOMELEIGH Sold Prices

Land registry data shows four sales for HOMELEIGH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Most of the four HOMELEIGH 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 15 OCT	£280,000	£299,723	7% below HPI
2009 16 DEC	£285,000	£277,883	3% above HPI
2007 26 JUN	£294,500	£311,322	5% below HPI
2001 22 JUN	£75,000	£150,036	50% below HPI

HOMELEIGH 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 four HOMELEIGH sales between June 2001 and October 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 December 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2013 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might HOMELEIGH be worth now?

HOMELEIGH might now be worth an estimated £429,748.

This is based on house price inflation of 53.5%, between October 2013 and December 2024, 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 53.5% inflationary increase is applied to the most recent sale price for HOMELEIGH of £280,000 on 15th October 2013. For the value to have increased from £280,000 to £429,748 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of HOMELEIGH has moved in line with the HPI for detached houses in the West Devon local authority area.
• The October 2013 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELEIGH has not materially changed since October 2013.

How Large is HOMELEIGH?

HOMELEIGH is 142m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses houses in Mary Tavy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mary Tavy, and where HOMELEIGH lies on this distribution: 72% of detached houses houses are smaller than HOMELEIGH, and 28% of houses are larger. Note that EPC data is not available for all properties in Mary Tavy.

HOMELEIGH: Plot and Title Map

HOMELEIGH sits on a plot of roughly 0.260 of an acre, or 1,051m². The below map shows the location of HOMELEIGH, 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 HOMELEIGH). 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 HOMELEIGH?

HOMELEIGH is located in MARY TAVY, in the PL19 postcode district. The below map shows the position of HOMELEIGH in MARY TAVY.