16, CULVER LANE, CHUDLEIGH, NEWTON ABBOT, TQ13 0PQ - £368,000

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.

16 CULVER LANE is a large detached house of 141m², built sometime between 2003 and 2006, which could now be worth an estimated £553,357. It was last sold for £368,000 in March 2015, which was around 17% above the average March 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

16 CULVER LANE Sold Prices

Land registry data shows four sales for 16 CULVER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four 16 CULVER LANE sales were 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
2015 27 MAR	£368,000	£315,208	17% above HPI
2010 7 SEP	£365,000	£302,848	21% above HPI
2006 24 AUG	£349,000	£291,857	20% above HPI
2003 25 APR	£299,000	£221,037	35% above HPI

16 CULVER LANE 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 four 16 CULVER LANE sales between April 2003 and March 2015 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 September 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 16 CULVER LANE be worth now?

16 CULVER LANE might now be worth an estimated £553,357.

This is based on house price inflation of 50.4%, between March 2015 and March 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 50.4% inflationary increase is applied to the most recent sale price for 16 CULVER LANE of £368,000 on 27th March 2015. For the value to have increased from £368,000 to £553,357 over the ten years to March 2025, the following assumptions must hold true:

• The value of 16 CULVER LANE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The March 2015 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CULVER LANE has not materially changed since March 2015.

How Large is 16 CULVER LANE?

16 CULVER LANE is 141m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses houses in Chudleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chudleigh, and where 16 CULVER LANE lies on this distribution: 75% of detached houses houses are smaller than 16 CULVER LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

16 CULVER LANE: Plot and Title Map

16 CULVER LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 16 CULVER LANE, 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 16 CULVER LANE). 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 16 CULVER LANE?

16 CULVER LANE is located in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of No. 16 on CULVER LANE.