RIVERMEAD, PIXON LANE, TAVISTOCK, PL19 8DH - £380,000

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.

RIVERMEAD is a midsized detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £372,631. It was last sold for £380,000 in September 2022, which was around 19% below the average September 2022 detached price in the West Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

RIVERMEAD Sold Prices

Land registry data shows two sales for RIVERMEAD 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 RIVERMEAD 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
2022 23 SEP	£380,000	£467,683	19% below HPI
2018 19 OCT	£227,000	£366,333	38% below HPI

RIVERMEAD 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 RIVERMEAD sales from October 2018 and September 2022 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 October 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might RIVERMEAD be worth now?

RIVERMEAD might now be worth an estimated £372,631.

This is based on house price deflation of 1.9%, between September 2022 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 1.9% deflationary decrease is applied to the most recent sale price for RIVERMEAD of £380,000 on 23rd September 2022. For the value to have decreased from £380,000 to £372,631 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of RIVERMEAD has moved in line with the HPI for detached houses in the West Devon local authority area.
• The September 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERMEAD has not materially changed since September 2022.

How Large is RIVERMEAD?

RIVERMEAD is 110m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% 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 RIVERMEAD lies on this distribution: 44% of detached houses houses are smaller than RIVERMEAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

RIVERMEAD: Plot and Title Map

RIVERMEAD sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of RIVERMEAD, 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 RIVERMEAD). 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 RIVERMEAD?

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