Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
MAGNOLIA is a very large detached house of 211m². It was last sold for £630,000 in December 2017, which was around 81% above the average December 2017 detached price in the West Devon local authority area. The most recent EPC inspection was July 2013, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows three sales for MAGNOLIA since 1st 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 MAGNOLIA sales were for above 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 18 DEC | £630,000 | £348,438 | 81% above HPI |
2011 20 JAN | £383,000 | £278,686 | 37% above HPI |
2007 20 SEP | £495,000 | £320,454 | 54% above HPI |
The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three MAGNOLIA sales between September 2007 and December 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 January 2011 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2017 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.
MAGNOLIA is 211m² according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses by size in Tavistock, and where MAGNOLIA lies on this distribution: 94% of detached houses are smaller than MAGNOLIA, and 6% of houses are larger. Note that EPC data is not available for all properties in Tavistock.
MAGNOLIA sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of MAGNOLIA, 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 MAGNOLIA). 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.
MAGNOLIA is located on DOWN ROAD in TAVISTOCK, in the PL19 postcode district. The below map shows the position of MAGNOLIA on DOWN ROAD.