THE STABLES, HERMES AVENUE, TIVERTON, EX16 4BJ - £150,000

THE STABLES is a very small detached house of 35m², built sometime between 2003 and 2006. It was last sold for £150,000 in August 2022, which was around 66% below the average August 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

THE STABLES Sold Prices

Land registry data shows two sales for THE STABLES 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 THE STABLES 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 AUG	£150,000	£438,913	66% below HPI
2005 19 AUG	£96,500	£266,710	64% below HPI

THE STABLES 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 THE STABLES sales from August 2005 and August 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 August 2005 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the August 2022 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is THE STABLES?

THE STABLES is 35m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where THE STABLES lies on this distribution: Less than 1% of detached houses are smaller than THE STABLES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

THE STABLES: Plot and Title Map

THE STABLES sits on a plot of roughly 0.006 of an acre, or 23m². The below map shows the location of THE STABLES, 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 THE STABLES). 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 THE STABLES?

THE STABLES is located on HERMES AVENUE in TIVERTON, in the EX16 postcode district. The below map shows the position of THE STABLES on HERMES AVENUE.