GRASMERE, OLD EXETER STREET, CHUDLEIGH, NEWTON ABBOT, TQ13 0LD - £390,000

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

GRASMERE is a large extended detached house of 146m², built sometime between 1950 and 1966, which could now be worth an estimated £596,826. It was last sold for £390,000 in November 2013, which was around 28% above the average November 2013 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

GRASMERE Sold Prices

Land registry data shows three sales for GRASMERE 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. All of the three GRASMERE sales were for above 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 21 NOV	£390,000	£305,467	28% above HPI
2007 24 MAY	£374,250	£296,319	26% above HPI
2005 7 JUL	£305,000	£268,497	14% above HPI

GRASMERE 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 GRASMERE sales between July 2005 and November 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 May 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might GRASMERE be worth now?

GRASMERE might now be worth an estimated £596,826.

This is based on house price inflation of 53%, between November 2013 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 53% inflationary increase is applied to the most recent sale price for GRASMERE of £390,000 on 21st November 2013. For the value to have increased from £390,000 to £596,826 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of GRASMERE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The November 2013 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of GRASMERE has not materially changed since November 2013.

How Large is GRASMERE?

GRASMERE is 146m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% 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 GRASMERE lies on this distribution: 77% of detached houses houses are smaller than GRASMERE, and 23% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on OLD EXETER STREET in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of GRASMERE on OLD EXETER STREET.