FARTHINGS, TEIGN CLOSE, BISHOPSTEIGNTON, TEIGNMOUTH, TQ14 9SB - £305,000

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

FARTHINGS is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £470,237. It was last sold for £305,000 in October 2013, which was about the average October 2013 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

FARTHINGS Sold Prices

Land registry data shows two sales for FARTHINGS 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. One of the two FARTHINGS sales was roughly equal to the average price, whilst the other was 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
2013 11 OCT	£305,000	£304,405	Close to HPI
2010 6 APR	£245,000	£287,799	15% below HPI

FARTHINGS 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 FARTHINGS sales from April 2010 and October 2013 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 April 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might FARTHINGS be worth now?

FARTHINGS might now be worth an estimated £470,237.

This is based on house price inflation of 54.2%, between October 2013 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 54.2% inflationary increase is applied to the most recent sale price for FARTHINGS of £305,000 on 11th October 2013. For the value to have increased from £305,000 to £470,237 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of FARTHINGS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2013 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of FARTHINGS has not materially changed since October 2013.

How Large is FARTHINGS?

FARTHINGS is 100m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses houses in Bishopsteignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishopsteignton, and where FARTHINGS lies on this distribution: 35% of detached houses houses are smaller than FARTHINGS, and 65% of houses are larger. Note that EPC data is not available for all properties in Bishopsteignton.

FARTHINGS: Plot and Title Map

FARTHINGS sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of FARTHINGS, 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 FARTHINGS). 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 FARTHINGS?

FARTHINGS is located on TEIGN CLOSE in BISHOPSTEIGNTON, in the TQ14 postcode district. The below map shows the position of FARTHINGS on TEIGN CLOSE.