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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Springfield Barn is a modern freehold house with 4,510 ft2 of internal area and sits on a 11,988 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Springfield Barn is £1,281,441 and the estimated rental value is £3,387 per month.
Tiverton, EX16 is located in the borough of Mid Devon within the EX16 postal district.
Springfield Barn has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Springfield Barn is in very good condition we estimate a sale value of £1,345,513 and a rental value of £3,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,191,740 and a rental value of £3,150 per month.
Over the last 12 months the sale value of Springfield Barn has increased by an estimated £12,537 (1.0%) and its rental value has increased by an estimated £118 per month (3.5%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, Springfield Barn sits on a plot of 11988m2.
We have plot size data on 3 out of 3 other houses in the postcode and Springfield Barn sits on the 2nd largest plot.
Springfield Barn has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, Springfield Barn was last sold on 18th March 2021 for £1,125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.9 kilometres radius of Springfield Barn over the last 2 years.
The most recent example is 9, Burrow Court, Tiverton, EX16 4PS, a freehold house which sold for £415,000 on the 16th November 2018.
Read more about house prices in EX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tiverton, EX16 has a total of 54 addresses. According to our analysis of all the public data, Springfield Barn is the largest and the most expensive property on the street.
When compared to the postcode district it is £952k more expensive than the average property in EX16.
The closest station to Springfield Barn is Tiverton Parkway station which is 8.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Springfield Barn, 51.1% of property is privately owned outright and 24.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Springfield Barn, 14.4% of residents are recorded as possessing school level qualifications and 37.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springfield Barn, the average age was 44 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Springfield Barn, 0.4% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Springfield Barn, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
