Little Hedge Meadow, Shillingford, Tiverton, Mid Devon, Devon, EX16 9BE

Detached
1938 sq ft
0.5%
PROPERTY VALUATION
£
Last sold: April 2022
VALUATION RANGE
£562k - £614k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£3,000
Percentage change: +0.5%

Adding a new kitchen could add £44k to the sale price.

This valuation does not take into account any home improvements or extensions made to the property.

UPDATE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Little Hedge Meadow, Shillingford is a detached house spread over 1,938 square feet, making it one of the bigger properties here - it is ranked as the 2nd most expensive property* in EX16 9BE, with a valuation of £588,000.

Since it last sold in April 2022 for £585,000, its value has increased by £3,000.

At a sale price of £588k, we expect this property to need a little bit of work (or is slightly less desirable for some other reason) based on its price per square foot.

13 detached houses have sold at an average price of £544,000 in EX16 9 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

0.5%
This property has increased in price by 0.5% since it last sold 2 years ago
19%
This property is 19% more expensive than average in , EX16 9BE

Essential buying details

  • Built between 1950 and 1966, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £562k and £614k.

  • The property turned out to be a amazing investment for the previous owner - returning on average 15.3% per annum.

Sale history

The most paid for a property in , EX16 9BE was £585,000 in 2022.

Date Price Change
Today's value* £588,000 £3k 0.5%
21 Apr 2022 £585,000 £125k 27.2%
12 Aug 2020 £460,000 -
Recent sales in the surrounding roads
Searching for recent sales near here
  • At a sale price of £588k, we expect this property to be in slightly worse condition than the neighbouring properties in the road.
  • This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.

    However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

  • At a valuation of £588k this property has a cost per square foot of £303 - this is slightly less than the average for the area (which is currently £324).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £601k.
  • Using the average CPSF for the whole road - it would be worth £628k.

The local market - Shillingford, EX16 9BE

  • The average property value here is £494,000.
    • Valuations range from £377,000 to £610,000.
  • 3 properties have sold in EX16 9BE over the last 5 years.
  • has 2 postcodes associated with it.
    • The average price of property in is £551,000.
    • Property in typically sells for between £275 and £373 per square foot.
    • Properties in are currently valued at an average cost per square foot of £324.
Investment Performance
Annual change: 15.3%

The previous owner had the property for 1 year and 8 months, having purchased it in August 2020 for £460,000.

During this time, the price rose by £125,000 (27.2%), which equates to it increasing in value by 15.3% each year.

The property turned out to be a amazing investment for the previous owner.

Little Hedge Meadow, Tiverton is a detached house with 1,938 square feet of internal space built between 1950 and 1966.
OFFERS EXPECTED TO BE IN THE REGION OF:
£562k - £614k

Most likely sale price: £588k

How does this property compare to others in , EX16 9BE?
19% MORE | 18% BIGGER

Valuation details

The most likely sale price is £588,000 but at the lower end we think it should fetch a minimum of £562,000.

This property has increased in price by £3,000 since it last sold in 2022 - this equates to a 0.3% rise each year.

On a cost per square foot basis, this property is valued at 2% less than the other houses in this postcode.

Essential info

  • Freehold detached house
  • 1,938 square feet
  • 18% bigger than the average property in this postcode
  • 19% more expensive than the average here

This property is currently valued at £303 per square foot - the average cost per square foot for this postcode is £310.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £676,000.

PropertyValuation
The Hazels, Shillingford
1098 sq.ft.
£377,000
The Barn, Shillingford
1331 sq.ft.
£421,000
Hedgerows, Shillingford
£474,000
Little Hedge Meadow, Shillingford
1938 sq.ft.
£588,000
Petton Villa, Shillingford
2196 sq.ft.
£610,000

Energy rating - how does this property compare?

  • Property energy rating: 58 (max. score 100).
    • This is above average for this postcode.

The property market across EX16 9

  • The average price paid for a detached house in the area EX16 9 over the past year is £544k.
  • Detached houses have been selling for £341 per square foot across EX16 9.
  • 13 detached houses have sold over the last 12 months (in the area coverring EX16 9).
What does it cost to live in this area?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.