NORSTEAD, DOWN ROAD, TAVISTOCK, PL19 9AG - £815,000

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

NORSTEAD is a very large detached house of 183m², built sometime between 1900 and 1929. It was last sold for £815,000 in September 2020, which was around 127% above the average September 2020 detached price in the West Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

NORSTEAD Sold Prices

Land registry data shows three sales for NORSTEAD since 1^st 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 NORSTEAD 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
2020 24 SEP	£815,000	£359,103	127% above HPI
2017 20 MAR	£815,000	£325,853	150% above HPI
2013 9 SEP	£895,000	£297,162	201% above HPI

NORSTEAD 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 three NORSTEAD sales between September 2013 and September 2020 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 March 2017 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the September 2020 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.

How Large is NORSTEAD?

NORSTEAD is 183m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses by size in Tavistock, and where NORSTEAD lies on this distribution: 89% of detached houses are smaller than NORSTEAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

NORSTEAD: Plot and Title Map

NORSTEAD sits on a plot of roughly 0.525 of an acre, or 2,125m². The below map shows the location of NORSTEAD, 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 NORSTEAD). 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 NORSTEAD?

NORSTEAD is located on DOWN ROAD in TAVISTOCK, in the PL19 postcode district. The below map shows the position of NORSTEAD on DOWN ROAD.