2, MURLEY GRANGE, BISHOPSTEIGNTON, TEIGNMOUTH, TQ14 9TX - £420,000

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 MURLEY GRANGE is a small detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £516,858. It was last sold for £420,000 in July 2020, which was around 9% above the average July 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

2 MURLEY GRANGE Sold Prices

Land registry data shows five sales for 2 MURLEY GRANGE 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 2 MURLEY GRANGE 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
2020 23 JUL	£420,000	£385,152	9% above HPI
2018 10 SEP	£389,000	£377,369	3% above HPI
2008 15 FEB	£330,000	£303,599	9% above HPI
2002 10 JAN	£210,000	£163,421	29% above HPI
1999 30 SEP	£152,500	£116,391	31% above HPI

2 MURLEY GRANGE 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 2 MURLEY GRANGE sales between September 1999 and July 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 September 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 MURLEY GRANGE be worth now?

2 MURLEY GRANGE might now be worth an estimated £516,858.

This is based on house price inflation of 23.1%, between July 2020 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 23.1% inflationary increase is applied to the most recent sale price for 2 MURLEY GRANGE of £420,000 on 23rd July 2020. For the value to have increased from £420,000 to £516,858 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 2 MURLEY GRANGE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The July 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MURLEY GRANGE has not materially changed since July 2020.

How Large is 2 MURLEY GRANGE?

2 MURLEY GRANGE is 103m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses houses in Bishopsteignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishopsteignton, and where 2 MURLEY GRANGE lies on this distribution: 37% of detached houses houses are smaller than 2 MURLEY GRANGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bishopsteignton.

2 MURLEY GRANGE: Plot and Title Map

2 MURLEY GRANGE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 2 MURLEY GRANGE, 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 MURLEY GRANGE). 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 MURLEY GRANGE?

2 MURLEY GRANGE is located in BISHOPSTEIGNTON, in the TQ14 postcode district. The below map shows the position of No. 2 on MURLEY GRANGE.