40, GRANGE ROAD, ABBOTSKERSWELL, NEWTON ABBOT, TQ12 5PJ - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 GRANGE ROAD is a midsized detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £489,501. It was last sold for £385,000 in February 2019, which was around 5% above the average February 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

40 GRANGE ROAD Sold Prices

Land registry data shows three sales for 40 GRANGE ROAD 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. One of the three 40 GRANGE ROAD sales was for above the average price, whilst two 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
2019 22 FEB	£385,000	£367,667	5% above HPI
2014 5 DEC	£235,000	£316,421	26% below HPI
1997 4 AUG	£43,000	£94,613	55% below HPI

40 GRANGE ROAD 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 40 GRANGE ROAD sales between August 1997 and February 2019 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 December 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 40 GRANGE ROAD be worth now?

40 GRANGE ROAD might now be worth an estimated £489,501.

This is based on house price inflation of 27.1%, between February 2019 and February 2025, 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 27.1% inflationary increase is applied to the most recent sale price for 40 GRANGE ROAD of £385,000 on 22nd February 2019. For the value to have increased from £385,000 to £489,501 over the six years to February 2025, the following assumptions must hold true:

• The value of 40 GRANGE ROAD has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The February 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GRANGE ROAD has not materially changed since February 2019.

How Large is 40 GRANGE ROAD?

40 GRANGE ROAD is 120m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses houses in Abbotskerswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abbotskerswell, and where 40 GRANGE ROAD lies on this distribution: 47% of detached houses houses are smaller than 40 GRANGE ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Abbotskerswell.

40 GRANGE ROAD: Plot and Title Map

40 GRANGE ROAD sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 40 GRANGE ROAD, 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 40 GRANGE ROAD). 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 40 GRANGE ROAD?

40 GRANGE ROAD is located in ABBOTSKERSWELL, in the TQ12 postcode district. The below map shows the position of No. 40 on GRANGE ROAD.