KARENZA, VIOLET LANE, TAVISTOCK, PL19 9JD - £245,000

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.

KARENZA is a very small extended detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £333,284. It was last sold for £245,000 in June 2017, which was around 27% below the average June 2017 detached price in the West Devon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was A.

KARENZA Sold Prices

Land registry data shows two sales for KARENZA 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 KARENZA 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
2017 28 JUN	£245,000	£337,131	27% below HPI
1995 28 NOV	£54,000	£81,542	34% below HPI

KARENZA 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 KARENZA sales from November 1995 and June 2017 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 November 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might KARENZA be worth now?

KARENZA might now be worth an estimated £333,284.

This is based on house price inflation of 36%, between June 2017 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 36% inflationary increase is applied to the most recent sale price for KARENZA of £245,000 on 28th June 2017. For the value to have increased from £245,000 to £333,284 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of KARENZA has moved in line with the HPI for detached houses in the West Devon local authority area.
• The June 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of KARENZA has not materially changed since June 2017.

How Large is KARENZA?

KARENZA is 72m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% 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 KARENZA lies on this distribution: 6% of detached houses houses are smaller than KARENZA, and 94% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

KARENZA: Plot and Title Map

KARENZA sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of KARENZA, 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 KARENZA). 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 KARENZA?

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