PENMEAD, BAKERS HILL, TIVERTON, EX16 5NE - £1,210,000

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

PENMEAD is a very large detached house of 247m², built sometime before 1900. It was last sold for £1,210,000 in July 2024, which was around 179% above the average July 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

PENMEAD Sold Prices

Land registry data shows two sales for PENMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two PENMEAD 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
2024 16 JUL	£1,210,000	£433,689	179% above HPI
2014 6 AUG	£600,000	£286,170	110% above HPI

PENMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two PENMEAD sales from August 2014 and July 2024 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 2014 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the July 2024 sale, where it rises to 179% above the HPI. The line then continues to track at 179% above the HPI.

How Large is PENMEAD?

PENMEAD is 247m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where PENMEAD lies on this distribution: 99% of detached houses are smaller than PENMEAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

PENMEAD: Plot and Title Map

PENMEAD sits on a plot of roughly 3.6 acres, or 14,463m². The below map shows the location of PENMEAD, 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 PENMEAD). 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 PENMEAD?

PENMEAD is located on BAKERS HILL in TIVERTON, in the EX16 postcode district. The below map shows the position of PENMEAD on BAKERS HILL.