Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
4 ROYAL WAY is a very large detached house of 135m², built sometime between 1991 and 1995. It was last sold for £288,000 in September 2014, which was around 7% below the average September 2014 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 ROYAL WAY since 1st 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 4 ROYAL WAY 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 |
---|---|---|---|
2014 12 SEP | £288,000 | £308,920 | 7% below HPI |
2006 26 JUL | £268,000 | £282,241 | 5% below HPI |
1998 16 JAN | £89,500 | £94,872 | 6% below HPI |
The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The three 4 ROYAL WAY sales between January 1998 and September 2014 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 July 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
4 ROYAL WAY is 135m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Starcross, based on EPC data. The below chart shows the distribution of detached houses by size in Starcross, and where 4 ROYAL WAY lies on this distribution: 84% of detached houses are smaller than 4 ROYAL WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Starcross.
4 ROYAL WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 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 4 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.
4 ROYAL WAY is located in STARCROSS, in the EX6 postcode district. The below map shows the position of No. 4 on ROYAL WAY.