MAGPIES, FORE STREET, WITHERIDGE, TIVERTON, EX16 8AH - £342,000

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

MAGPIES is a large detached house of 112m², built sometime between 1996 and 2002. It was last sold for £342,000 in June 2021, which was around 11% below the average June 2021 detached price in the North Devon local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

MAGPIES Sold Prices

Land registry data shows five sales for MAGPIES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. The five MAGPIES sales were a mix of below the average price, and roughly equal to 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 21 JUN	£342,000	£383,661	11% below HPI
2019 9 AUG	£260,000	£352,197	26% below HPI
2004 10 SEP	£249,950	£260,233	4% below HPI
1999 23 NOV	£113,000	£112,592	Close to HPI
1998 1 JUN	£86,000	£94,448	9% below HPI

MAGPIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The five MAGPIES sales between June 1998 and June 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 August 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MAGPIES?

MAGPIES is 112m² according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Witheridge, based on EPC data. The below chart shows the distribution of detached houses by size in Witheridge, and where MAGPIES lies on this distribution: 77% of detached houses are smaller than MAGPIES, and 23% of houses are larger. Note that EPC data is not available for all properties in Witheridge.

MAGPIES: Plot and Title Map

MAGPIES sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of MAGPIES, 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 MAGPIES). 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 MAGPIES?

MAGPIES is located on FORE STREET in WITHERIDGE, in the EX16 postcode district. The below map shows the position of MAGPIES on FORE STREET.