12, GRANGE DRIVE, TEIGNMOUTH, TQ14 8PB - £299,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 GRANGE DRIVE is a midsized extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £355,503. It was last sold for £299,950 in September 2020, which was around 24% below the average September 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

12 GRANGE DRIVE Sold Prices

Land registry data shows five sales for 12 GRANGE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the five 12 GRANGE DRIVE 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
2020 29 SEP	£299,950	£394,414	24% below HPI
2018 7 DEC	£269,000	£372,048	28% below HPI
2017 10 MAR	£265,000	£345,481	23% below HPI
2003 30 SEP	£205,000	£236,807	13% below HPI
1999 25 MAY	£77,000	£110,853	31% below HPI

12 GRANGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The five 12 GRANGE DRIVE sales between May 1999 and September 2020 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 December 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 GRANGE DRIVE be worth now?

12 GRANGE DRIVE might now be worth an estimated £355,503.

This is based on house price inflation of 18.5%, between September 2020 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 12 GRANGE DRIVE of £299,950 on 29th September 2020. For the value to have increased from £299,950 to £355,503 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 GRANGE DRIVE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2020 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 12 GRANGE DRIVE has not materially changed since September 2020.

How Large is 12 GRANGE DRIVE?

12 GRANGE DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Teignmouth, and where 12 GRANGE DRIVE lies on this distribution: 53% of detached houses houses are smaller than 12 GRANGE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

12 GRANGE DRIVE: Plot and Title Map

12 GRANGE DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 12 GRANGE DRIVE, 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 12 GRANGE DRIVE). 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 12 GRANGE DRIVE?

12 GRANGE DRIVE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 12 on GRANGE DRIVE.