2, ROYAL WAY, STARCROSS, EXETER, EX6 8EQ - £582,500

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 ROYAL WAY is a large detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £562,020. It was last sold for £582,500 in September 2022, which was around 20% above the average September 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 ROYAL WAY Sold Prices

Land registry data shows three sales for 2 ROYAL 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 Teignbridge local authority area for the corresponding sale date. All of the three 2 ROYAL WAY 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
2022 21 SEP	£582,500	£486,422	20% above HPI
2007 10 JAN	£300,000	£297,159	1% above HPI
2004 4 AUG	£278,000	£264,121	5% above HPI

2 ROYAL WAY 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 three 2 ROYAL WAY sales between August 2004 and September 2022 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 January 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 ROYAL WAY be worth now?

2 ROYAL WAY might now be worth an estimated £562,020.

This is based on house price deflation of 3.5%, between September 2022 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 3.5% deflationary decrease is applied to the most recent sale price for 2 ROYAL WAY of £582,500 on 21st September 2022. For the value to have decreased from £582,500 to £562,020 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 2 ROYAL WAY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2022 sale price of £582,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ROYAL WAY has not materially changed since September 2022.

How Large is 2 ROYAL WAY?

2 ROYAL WAY is 117m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Starcross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Starcross, and where 2 ROYAL WAY lies on this distribution: 70% of detached houses houses are smaller than 2 ROYAL WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Starcross.

2 ROYAL WAY: Plot and Title Map

2 ROYAL WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 ROYAL 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 ROYAL 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 ROYAL WAY?

2 ROYAL WAY is located in STARCROSS, in the EX6 postcode district. The below map shows the position of No. 2 on ROYAL WAY.