2, THORN ORCHARD, IPPLEPEN, NEWTON ABBOT, TQ12 5RG - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THORN ORCHARD is a large detached house of 119m², built sometime between 1996 and 2002. It was last sold for £480,000 in July 2021, which was around 20% above the average July 2021 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 THORN ORCHARD Sold Prices

Land registry data shows two sales for 2 THORN ORCHARD 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 THORN ORCHARD 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
2021 23 JUL	£480,000	£398,978	20% above HPI
2001 30 MAR	£180,000	£141,017	28% above HPI

2 THORN ORCHARD 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 THORN ORCHARD sales from March 2001 and July 2021 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 March 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 THORN ORCHARD?

2 THORN ORCHARD is 119m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Ipplepen, based on EPC data. The below chart shows the distribution of detached houses by size in Ipplepen, and where 2 THORN ORCHARD lies on this distribution: 68% of detached houses are smaller than 2 THORN ORCHARD, and 31% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

2 THORN ORCHARD: Plot and Title Map

2 THORN ORCHARD sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 2 THORN ORCHARD, 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 THORN ORCHARD). 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 THORN ORCHARD?

2 THORN ORCHARD is located in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of No. 2 on THORN ORCHARD.