GRASSHOPPERS, HIGHER WOODWAY ROAD, TEIGNMOUTH, TQ14 8RB - £365,000

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

GRASSHOPPERS is a large detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £508,369. It was last sold for £365,000 in March 2016, which was around 9% above the average March 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

GRASSHOPPERS Sold Prices

Land registry data shows two sales for GRASSHOPPERS 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 GRASSHOPPERS 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
2016 24 MAR	£365,000	£335,630	9% above HPI
1997 7 OCT	£129,950	£98,796	32% above HPI

GRASSHOPPERS 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 GRASSHOPPERS sales from October 1997 and March 2016 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 October 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might GRASSHOPPERS be worth now?

GRASSHOPPERS might now be worth an estimated £508,369.

This is based on house price inflation of 39.3%, between March 2016 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 39.3% inflationary increase is applied to the most recent sale price for GRASSHOPPERS of £365,000 on 24th March 2016. For the value to have increased from £365,000 to £508,369 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of GRASSHOPPERS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The March 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of GRASSHOPPERS has not materially changed since March 2016.

How Large is GRASSHOPPERS?

GRASSHOPPERS is 123m² according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Teignmouth, and where GRASSHOPPERS lies on this distribution: 65% of detached houses houses are smaller than GRASSHOPPERS, and 35% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

GRASSHOPPERS: Plot and Title Map

GRASSHOPPERS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of GRASSHOPPERS, 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 GRASSHOPPERS). 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 GRASSHOPPERS?

GRASSHOPPERS is located on HIGHER WOODWAY ROAD in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of GRASSHOPPERS on HIGHER WOODWAY ROAD.