FLAT, GRANARY COTTAGE, PARKWAY ROAD, CHUDLEIGH, NEWTON ABBOT, TQ13 0JL - £250,000

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.

FLAT is a very small detached house of 56m², built sometime before 1900, which could now be worth an estimated £406,022. It was last sold for £250,000 in December 2006, which was around 13% below the average December 2006 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

FLAT Sold Prices

Land registry data shows four sales for FLAT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four FLAT 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
2006 8 DEC	£250,000	£287,831	13% below HPI
2003 25 JUL	£170,000	£225,715	25% below HPI
2001 29 JUN	£135,000	£150,881	11% below HPI
1998 20 MAR	£69,000	£99,511	31% below HPI

FLAT 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 four FLAT sales between March 1998 and December 2006 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2006 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might FLAT be worth now?

FLAT might now be worth an estimated £406,022.

This is based on house price inflation of 62.4%, between December 2006 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 62.4% inflationary increase is applied to the most recent sale price for FLAT of £250,000 on 8th December 2006. For the value to have increased from £250,000 to £406,022 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of FLAT has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The December 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT has not materially changed since December 2006.

How Large is FLAT?

FLAT is 56m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Chudleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chudleigh, and where FLAT lies on this distribution: 1% of detached houses houses are smaller than FLAT, and 99% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

FLAT: Plot and Title Map

FLAT sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of FLAT, 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 FLAT). 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 FLAT?

FLAT, GRANARY COTTAGE is located on PARKWAY ROAD in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of FLAT, GRANARY COTTAGE on PARKWAY ROAD.