GREY ROOFS, THORN CROSS, BOVEY TRACEY, NEWTON ABBOT, TQ13 9DW - £310,000

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.

GREY ROOFS is a very small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £396,102. It was last sold for £310,000 in November 2017, which was around 15% below the average November 2017 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

GREY ROOFS Sold Prices

Land registry data shows three sales for GREY ROOFS 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 GREY ROOFS 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
2017 7 NOV	£310,000	£365,849	15% below HPI
2013 12 SEP	£272,500	£305,094	11% below HPI
2008 5 NOV	£182,500	£296,203	38% below HPI

GREY ROOFS 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 GREY ROOFS sales between November 2008 and November 2017 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 September 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might GREY ROOFS be worth now?

GREY ROOFS might now be worth an estimated £396,102.

This is based on house price inflation of 27.8%, between November 2017 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 27.8% inflationary increase is applied to the most recent sale price for GREY ROOFS of £310,000 on 7th November 2017. For the value to have increased from £310,000 to £396,102 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of GREY ROOFS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The November 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of GREY ROOFS has not materially changed since November 2017.

How Large is GREY ROOFS?

GREY ROOFS is 81m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovey Tracey, and where GREY ROOFS lies on this distribution: 15% of detached houses houses are smaller than GREY ROOFS, and 83% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

GREY ROOFS: Plot and Title Map

GREY ROOFS sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of GREY ROOFS, 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 GREY ROOFS). 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 GREY ROOFS?

GREY ROOFS is located on THORN CROSS in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of GREY ROOFS on THORN CROSS.