8, LEDSGROVE, IPPLEPEN, NEWTON ABBOT, TQ12 5QY - £315,000

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

8 LEDSGROVE is a small extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £375,859. It was last sold for £315,000 in August 2020, which was around 20% below the average August 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

8 LEDSGROVE Sold Prices

Land registry data shows two sales for 8 LEDSGROVE 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 8 LEDSGROVE 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
2020 26 AUG	£315,000	£391,772	20% below HPI
2020 31 JAN	£215,000	£368,895	42% below HPI

8 LEDSGROVE 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 8 LEDSGROVE sales from January 2020 and August 2020 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 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 LEDSGROVE be worth now?

8 LEDSGROVE might now be worth an estimated £375,859.

This is based on house price inflation of 19.3%, between August 2020 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 19.3% inflationary increase is applied to the most recent sale price for 8 LEDSGROVE of £315,000 on 26th August 2020. For the value to have increased from £315,000 to £375,859 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 8 LEDSGROVE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LEDSGROVE has not materially changed since August 2020.

How Large is 8 LEDSGROVE?

8 LEDSGROVE is 82m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses houses in Ipplepen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ipplepen, and where 8 LEDSGROVE lies on this distribution: 26% of detached houses houses are smaller than 8 LEDSGROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

8 LEDSGROVE: Plot and Title Map

8 LEDSGROVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 8 LEDSGROVE, 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 8 LEDSGROVE). 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 8 LEDSGROVE?

8 LEDSGROVE is located in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of No. 8 on LEDSGROVE.