HILLCREST, CREASE LANE, TAVISTOCK, PL19 8EW - £400,000

HILLCREST is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £400,000 in April 2022, which was around 1% below the average April 2022 detached price in the West Devon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows four sales for HILLCREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the four HILLCREST 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
2022 22 APR	£400,000	£402,567	1% below HPI
2011 2 SEP	£245,000	£286,922	15% below HPI
2009 14 AUG	£240,000	£273,810	12% below HPI
2007 24 AUG	£227,000	£313,619	28% below HPI

HILLCREST 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 four HILLCREST sales between August 2007 and April 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 September 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is HILLCREST?

HILLCREST is 102m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Tavistock, based on EPC data. The below chart shows the distribution of detached houses by size in Tavistock, and where HILLCREST lies on this distribution: 33% of detached houses are smaller than HILLCREST, and 65% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on CREASE LANE in TAVISTOCK, in the PL19 postcode district. The below map shows the position of HILLCREST on CREASE LANE.