2, ORCHARD WAY, CHILLINGTON, KINGSBRIDGE, TQ7 2LB - £480,000

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 ORCHARD WAY is a large detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £463,475. It was last sold for £480,000 in June 2023, which was around 19% below the average June 2023 detached price in the South Hams local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

2 ORCHARD WAY Sold Prices

Land registry data shows three sales for 2 ORCHARD 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. Two of the three 2 ORCHARD WAY sales were for below the average price, whilst one was 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 5 JUN	£480,000	£596,188	19% below HPI
2018 12 FEB	£310,000	£450,192	31% below HPI
2000 3 OCT	£195,000	£170,340	14% above HPI

2 ORCHARD 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 ORCHARD WAY sales between October 2000 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 February 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 ORCHARD WAY be worth now?

2 ORCHARD WAY might now be worth an estimated £463,475.

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 ORCHARD WAY of £480,000 on 5th June 2023. For the value to have decreased from £480,000 to £463,475 over the six months to December 2024, the following assumptions must hold true:

• The value of 2 ORCHARD WAY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The June 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD WAY has not materially changed since June 2023.

How Large is 2 ORCHARD WAY?

2 ORCHARD WAY is 115m² according to the EPC inspection conducted in December 2022. This puts it in the largest 40% of detached houses houses in Chillington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chillington, and where 2 ORCHARD WAY lies on this distribution: 67% of detached houses houses are smaller than 2 ORCHARD WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Chillington.

2 ORCHARD WAY: Plot and Title Map

2 ORCHARD WAY sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 2 ORCHARD 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 ORCHARD 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 ORCHARD WAY?

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