10, WATER LANE, TIVERTON, EX16 6RB - £110,000

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.

10 WATER LANE is a very small terraced house of 44m², built sometime before 1900, which could now be worth an estimated £131,819. It was last sold for £110,000 in July 2019, which was around 39% below the average July 2019 terraced price in the Mid Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

10 WATER LANE Sold Prices

Land registry data shows five sales for 10 WATER LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. All of the five 10 WATER LANE 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
2019 26 JUL	£110,000	£180,976	39% below HPI
2019 28 JUN	£112,000	£178,653	37% below HPI
2006 27 FEB	£106,000	£137,513	23% below HPI
1999 15 NOV	£38,950	£53,576	27% below HPI
1996 11 FEB	£36,000	£42,102	14% below HPI

10 WATER LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The five 10 WATER LANE sales between February 1996 and July 2019 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 June 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 10 WATER LANE be worth now?

10 WATER LANE might now be worth an estimated £131,819.

This is based on house price inflation of 19.8%, between July 2019 and July 2025, for terraced houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 10 WATER LANE of £110,000 on 26th July 2019. For the value to have increased from £110,000 to £131,819 over the six years to July 2025, the following assumptions must hold true:

• The value of 10 WATER LANE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The July 2019 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WATER LANE has not materially changed since July 2019.

How Large is 10 WATER LANE?

10 WATER LANE is 44m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of terraced houses houses in Tiverton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tiverton, and where 10 WATER LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 10 WATER LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

10 WATER LANE: Plot and Title Map

10 WATER LANE sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 10 WATER LANE, 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 10 WATER LANE). 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 10 WATER LANE?

10 WATER LANE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 10 on WATER LANE.