2, BEECH TREE DRIVE, TIVERTON, EX16 5BE - £194,000

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.

2 BEECH TREE DRIVE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £278,308. It was last sold for £194,000 in June 2015, which was around 36% below the average June 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

2 BEECH TREE DRIVE Sold Prices

Land registry data shows two sales for 2 BEECH TREE DRIVE 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 2 BEECH TREE DRIVE 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
2015 26 JUN	£194,000	£302,687	36% below HPI
1997 13 OCT	£74,000	£97,594	24% below HPI

2 BEECH TREE DRIVE 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 2 BEECH TREE DRIVE sales from October 1997 and June 2015 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 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 BEECH TREE DRIVE be worth now?

2 BEECH TREE DRIVE might now be worth an estimated £278,308.

This is based on house price inflation of 43.5%, between June 2015 and June 2025, for detached 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 43.5% inflationary increase is applied to the most recent sale price for 2 BEECH TREE DRIVE of £194,000 on 26th June 2015. For the value to have increased from £194,000 to £278,308 over the ten years to June 2025, the following assumptions must hold true:

• The value of 2 BEECH TREE DRIVE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2015 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECH TREE DRIVE has not materially changed since June 2015.

How Large is 2 BEECH TREE DRIVE?

2 BEECH TREE DRIVE is 67m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiverton, and where 2 BEECH TREE DRIVE lies on this distribution: 5% of detached houses houses are smaller than 2 BEECH TREE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

2 BEECH TREE DRIVE: Plot and Title Map

2 BEECH TREE DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 BEECH TREE DRIVE, 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 2 BEECH TREE DRIVE). 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 2 BEECH TREE DRIVE?

2 BEECH TREE DRIVE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 2 on BEECH TREE DRIVE.