2, OLDWAY, CHUDLEIGH, NEWTON ABBOT, TQ13 0JA - £165,000

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 OLDWAY is a small detached house of 99m², built sometime between 1900 and 1929, which could now be worth an estimated £258,617. It was last sold for £165,000 in December 2010, which was around 45% below the average December 2010 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

2 OLDWAY Sold Prices

Land registry data shows two sales for 2 OLDWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 2 OLDWAY 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
2010 3 DEC	£165,000	£298,246	45% below HPI
2010 2 NOV	£100,000	£302,317	67% below HPI

2 OLDWAY 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 two 2 OLDWAY sales from November 2010 and December 2010 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 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the December 2010 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 OLDWAY be worth now?

2 OLDWAY might now be worth an estimated £258,617.

This is based on house price inflation of 56.7%, between December 2010 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 56.7% inflationary increase is applied to the most recent sale price for 2 OLDWAY of £165,000 on 3rd December 2010. For the value to have increased from £165,000 to £258,617 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OLDWAY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The December 2010 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLDWAY has not materially changed since December 2010.

How Large is 2 OLDWAY?

2 OLDWAY is 99m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 2 OLDWAY lies on this distribution: 26% of detached houses houses are smaller than 2 OLDWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

2 OLDWAY: Plot and Title Map

2 OLDWAY sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 2 OLDWAY, 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 OLDWAY). 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 OLDWAY?

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