7, MIMOSA CLOSE, TIVERTON, EX16 6UA - £345,000

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.

7 MIMOSA CLOSE is a large extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £419,324. It was last sold for £345,000 in August 2018, which was around 3% below the average August 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

7 MIMOSA CLOSE Sold Prices

Land registry data shows three sales for 7 MIMOSA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. The three 7 MIMOSA CLOSE sales were a mix of below the average price, and roughly equal to 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
2018 24 AUG	£345,000	£357,262	3% below HPI
2010 23 JUL	£289,950	£292,375	1% below HPI
2006 23 MAR	£265,000	£265,142	Close to HPI

7 MIMOSA CLOSE 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 three 7 MIMOSA CLOSE sales between March 2006 and August 2018 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 July 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 MIMOSA CLOSE be worth now?

7 MIMOSA CLOSE might now be worth an estimated £419,324.

This is based on house price inflation of 21.5%, between August 2018 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 21.5% inflationary increase is applied to the most recent sale price for 7 MIMOSA CLOSE of £345,000 on 24th August 2018. For the value to have increased from £345,000 to £419,324 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 7 MIMOSA CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MIMOSA CLOSE has not materially changed since August 2018.

How Large is 7 MIMOSA CLOSE?

7 MIMOSA CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% 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 7 MIMOSA CLOSE lies on this distribution: 69% of detached houses houses are smaller than 7 MIMOSA CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

7 MIMOSA CLOSE: Plot and Title Map

7 MIMOSA CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 7 MIMOSA CLOSE, 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 7 MIMOSA CLOSE). 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 7 MIMOSA CLOSE?

7 MIMOSA CLOSE is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 7 on MIMOSA CLOSE.