THE PATCHES, TRACEY GREEN, WITHERIDGE, TIVERTON, EX16 8AD - £233,000

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

THE PATCHES is a very large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £233,000 in May 2006, which was around 11% below the average May 2006 detached price in the North Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was D.

THE PATCHES Sold Prices

Land registry data shows two sales for THE PATCHES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two THE PATCHES 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
2006 23 MAY	£233,000	£260,617	11% below HPI
2003 14 NOV	£200,000	£215,769	7% below HPI

THE PATCHES 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 two THE PATCHES sales from November 2003 and May 2006 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 November 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2006 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is THE PATCHES?

THE PATCHES is 164m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Witheridge, based on EPC data. The below chart shows the distribution of detached houses by size in Witheridge, and where THE PATCHES lies on this distribution: 95% of detached houses are smaller than THE PATCHES, and 5% of houses are larger. Note that EPC data is not available for all properties in Witheridge.

THE PATCHES: Plot and Title Map

THE PATCHES sits on a plot of roughly 0.400 of an acre, or 1,618m². The below map shows the location of THE PATCHES, 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 THE PATCHES). 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 THE PATCHES?

THE PATCHES is located on TRACEY GREEN in WITHERIDGE, in the EX16 postcode district. The below map shows the position of THE PATCHES on TRACEY GREEN.