2, HIGHER BUDLEIGH MEADOW, NEWTON ABBOT, TQ12 1UL - £210,000

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 HIGHER BUDLEIGH MEADOW is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £319,211. It was last sold for £210,000 in April 2015, which was around 32% below the average April 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

2 HIGHER BUDLEIGH MEADOW Sold Prices

Land registry data shows four sales for 2 HIGHER BUDLEIGH MEADOW 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 2 HIGHER BUDLEIGH MEADOW 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
2015 24 APR	£210,000	£308,753	32% below HPI
2010 30 NOV	£198,000	£302,317	35% below HPI
2006 15 SEP	£197,000	£292,869	33% below HPI
1997 10 OCT	£59,500	£98,796	40% below HPI

2 HIGHER BUDLEIGH MEADOW 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 2 HIGHER BUDLEIGH MEADOW sales between October 1997 and April 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 November 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 HIGHER BUDLEIGH MEADOW be worth now?

2 HIGHER BUDLEIGH MEADOW might now be worth an estimated £319,211.

This is based on house price inflation of 52%, between April 2015 and December 2024, 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 52% inflationary increase is applied to the most recent sale price for 2 HIGHER BUDLEIGH MEADOW of £210,000 on 24th April 2015. For the value to have increased from £210,000 to £319,211 over the eight years and four months to December 2024, the following assumptions must hold true:

• The value of 2 HIGHER BUDLEIGH MEADOW has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The April 2015 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGHER BUDLEIGH MEADOW has not materially changed since April 2015.

How Large is 2 HIGHER BUDLEIGH MEADOW?

2 HIGHER BUDLEIGH MEADOW is 78m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Abbot, and where 2 HIGHER BUDLEIGH MEADOW lies on this distribution: 14% of detached houses houses are smaller than 2 HIGHER BUDLEIGH MEADOW, and 86% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 HIGHER BUDLEIGH MEADOW: Plot and Title Map

2 HIGHER BUDLEIGH MEADOW sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 HIGHER BUDLEIGH MEADOW, 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 HIGHER BUDLEIGH MEADOW). 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 HIGHER BUDLEIGH MEADOW?

2 HIGHER BUDLEIGH MEADOW is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 2 on HIGHER BUDLEIGH MEADOW.