2, PORT LANE, CHILLINGTON, KINGSBRIDGE, TQ7 2HZ - £295,000

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 PORT LANE is a midsized detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £444,802. It was last sold for £295,000 in September 2011, which was around 23% below the average September 2011 detached price in the South Hams local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 PORT LANE Sold Prices

Land registry data shows two sales for 2 PORT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 2 PORT LANE 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
2011 30 SEP	£295,000	£381,789	23% below HPI
1998 2 APR	£85,000	£123,112	31% below HPI

2 PORT LANE 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 two 2 PORT LANE sales from April 1998 and September 2011 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 April 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 PORT LANE be worth now?

2 PORT LANE might now be worth an estimated £444,802.

This is based on house price inflation of 50.8%, between September 2011 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 50.8% inflationary increase is applied to the most recent sale price for 2 PORT LANE of £295,000 on 30th September 2011. For the value to have increased from £295,000 to £444,802 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 PORT LANE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PORT LANE has not materially changed since September 2011.

How Large is 2 PORT LANE?

2 PORT LANE is 102m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% 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 PORT LANE lies on this distribution: 57% of detached houses houses are smaller than 2 PORT LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chillington.

2 PORT LANE: Plot and Title Map

2 PORT LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 PORT 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 PORT 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 PORT LANE?

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