ORMONDE, HIGHBANK CLOSE, TAVISTOCK, PL19 8EQ - £352,500

ORMONDE is a large extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £352,500 in November 2021, which was around 17% below the average November 2021 detached price in the West Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

ORMONDE Sold Prices

Land registry data shows two sales for ORMONDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. One of the two ORMONDE sales was for below the average price, whilst the other was 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
2021 12 NOV	£352,500	£422,624	17% below HPI
2002 3 JAN	£175,000	£160,476	9% above HPI

ORMONDE 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 two ORMONDE sales from January 2002 and November 2021 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 January 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is ORMONDE?

ORMONDE is 129m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 ORMONDE lies on this distribution: 62% of detached houses are smaller than ORMONDE, and 37% of houses are larger. Note that EPC data is not available for all properties in Tavistock.

ORMONDE: Plot and Title Map

ORMONDE sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of ORMONDE, 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 ORMONDE). 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 ORMONDE?

ORMONDE is located on HIGHBANK CLOSE in TAVISTOCK, in the PL19 postcode district. The below map shows the position of ORMONDE on HIGHBANK CLOSE.