DEVON FRIENDSHIP, BAL LANE, MARY TAVY, TAVISTOCK, PL19 9PE - £490,000

DEVON FRIENDSHIP is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £490,000 in January 2022, which was around 15% above the average January 2022 detached price in the West Devon local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

DEVON FRIENDSHIP Sold Prices

Land registry data shows five sales for DEVON FRIENDSHIP since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Most of the five DEVON FRIENDSHIP sales were for above 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 21 JAN	£490,000	£427,163	15% above HPI
2007 31 OCT	£310,000	£321,629	4% below HPI
2004 29 APR	£263,500	£257,205	2% above HPI
2000 24 OCT	£165,000	£130,374	27% above HPI
1997 27 MAR	£125,000	£86,405	45% above HPI

DEVON FRIENDSHIP 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 five DEVON FRIENDSHIP sales between March 1997 and January 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is DEVON FRIENDSHIP?

DEVON FRIENDSHIP is 119m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Mary Tavy, based on EPC data. The below chart shows the distribution of detached houses by size in Mary Tavy, and where DEVON FRIENDSHIP lies on this distribution: 52% of detached houses are smaller than DEVON FRIENDSHIP, and 48% of houses are larger. Note that EPC data is not available for all properties in Mary Tavy.

DEVON FRIENDSHIP: Plot and Title Map

DEVON FRIENDSHIP sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of DEVON FRIENDSHIP, 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 DEVON FRIENDSHIP). 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 DEVON FRIENDSHIP?

DEVON FRIENDSHIP is located on BAL LANE in MARY TAVY, in the PL19 postcode district. The below map shows the position of DEVON FRIENDSHIP on BAL LANE.