2, CHESTNUT WAY, LODDISWELL, KINGSBRIDGE, TQ7 4BT - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHESTNUT WAY is a large detached house of 163m², which could now be worth an estimated £724,180. It was last sold for £750,000 in June 2023, which was around 26% above the average June 2023 detached price in the South Hams local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

2 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 2 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 2 CHESTNUT WAY 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
2023 23 JUN	£750,000	£596,188	26% above HPI
2017 13 DEC	£495,000	£456,623	8% above HPI
2015 26 JUN	£449,950	£404,753	11% above HPI

2 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 2 CHESTNUT WAY sales between June 2015 and June 2023 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 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 CHESTNUT WAY be worth now?

2 CHESTNUT WAY might now be worth an estimated £724,180.

This is based on house price deflation of 3.4%, between June 2023 and December 2024, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% deflationary decrease is applied to the most recent sale price for 2 CHESTNUT WAY of £750,000 on 23rd June 2023. For the value to have decreased from £750,000 to £724,180 over the six months to December 2024, the following assumptions must hold true:

• The value of 2 CHESTNUT WAY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The June 2023 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT WAY has not materially changed since June 2023.

How Large is 2 CHESTNUT WAY?

2 CHESTNUT WAY is 163m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Loddiswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddiswell, and where 2 CHESTNUT WAY lies on this distribution: 76% of detached houses houses are smaller than 2 CHESTNUT WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Loddiswell.

2 CHESTNUT WAY: Plot and Title Map

2 CHESTNUT WAY sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 2 CHESTNUT WAY, 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 2 CHESTNUT WAY). 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 2 CHESTNUT WAY?

2 CHESTNUT WAY is located in LODDISWELL, in the TQ7 postcode district. The below map shows the position of No. 2 on CHESTNUT WAY.