2, CULVER LANE, CHUDLEIGH, NEWTON ABBOT, TQ13 0PQ - £312,000

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.

2 CULVER LANE is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £472,460. It was last sold for £312,000 in May 2014, which was around 1% above the average May 2014 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

2 CULVER LANE Sold Prices

Land registry data shows three sales for 2 CULVER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 2 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
2014 30 MAY	£312,000	£308,700	1% above HPI
2003 7 MAY	£263,000	£220,914	19% above HPI
2001 11 MAY	£168,500	£145,090	16% above HPI

2 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 three 2 CULVER LANE sales between May 2001 and May 2014 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 May 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 CULVER LANE be worth now?

2 CULVER LANE might now be worth an estimated £472,460.

This is based on house price inflation of 51.4%, between May 2014 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 51.4% inflationary increase is applied to the most recent sale price for 2 CULVER LANE of £312,000 on 30th May 2014. For the value to have increased from £312,000 to £472,460 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CULVER LANE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The May 2014 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CULVER LANE has not materially changed since May 2014.

How Large is 2 CULVER LANE?

2 CULVER LANE is 123m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% 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 2 CULVER LANE lies on this distribution: 56% of detached houses houses are smaller than 2 CULVER LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

2 CULVER LANE: Plot and Title Map

2 CULVER LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 2 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 2 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 2 CULVER LANE?

2 CULVER LANE is located in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of No. 2 on CULVER LANE.