GREEN LEA, DORNAFIELD ROAD, IPPLEPEN, NEWTON ABBOT, TQ12 5SJ - £290,000

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.

GREEN LEA is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £357,122. It was last sold for £290,000 in October 2019, which was around 24% below the average October 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

GREEN LEA Sold Prices

Land registry data shows two sales for GREEN LEA 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 GREEN LEA 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
2019 4 OCT	£290,000	£379,602	24% below HPI
2006 4 MAY	£237,500	£278,517	15% below HPI

GREEN LEA 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 GREEN LEA sales from May 2006 and October 2019 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might GREEN LEA be worth now?

GREEN LEA might now be worth an estimated £357,122.

This is based on house price inflation of 23.1%, between October 2019 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 23.1% inflationary increase is applied to the most recent sale price for GREEN LEA of £290,000 on 4th October 2019. For the value to have increased from £290,000 to £357,122 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of GREEN LEA has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN LEA has not materially changed since October 2019.

How Large is GREEN LEA?

GREEN LEA is 90m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% 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 GREEN LEA lies on this distribution: 36% of detached houses houses are smaller than GREEN LEA, and 62% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

GREEN LEA: Plot and Title Map

GREEN LEA sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of GREEN LEA, 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 GREEN LEA). 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 GREEN LEA?

GREEN LEA is located on DORNAFIELD ROAD in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of GREEN LEA on DORNAFIELD ROAD.