THE BAKERY, EAST STREET, IPPLEPEN, NEWTON ABBOT, TQ12 5SU - £675,000

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

THE BAKERY is a very large extended detached house of 176m², built sometime between 1950 and 1966, which could now be worth an estimated £692,793. It was last sold for £675,000 in June 2024, which was around 48% above the average June 2024 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

THE BAKERY Sold Prices

Land registry data shows two sales for THE BAKERY 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 THE BAKERY 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
2024 28 JUN	£675,000	£455,457	48% above HPI
2020 25 MAR	£635,000	£377,368	68% above HPI

THE BAKERY 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 THE BAKERY sales from March 2020 and June 2024 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 March 2020 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2024 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might THE BAKERY be worth now?

THE BAKERY might now be worth an estimated £692,793.

This is based on house price inflation of 2.6%, between June 2024 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 2.6% inflationary increase is applied to the most recent sale price for THE BAKERY of £675,000 on 28th June 2024. For the value to have increased from £675,000 to £692,793 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of THE BAKERY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2024 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of THE BAKERY has not materially changed since June 2024.

How Large is THE BAKERY?

THE BAKERY is 176m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 THE BAKERY lies on this distribution: 90% of detached houses houses are smaller than THE BAKERY, and 9% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

THE BAKERY: Plot and Title Map

THE BAKERY sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of THE BAKERY, 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 THE BAKERY). 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 THE BAKERY?

THE BAKERY is located on EAST STREET in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of THE BAKERY on EAST STREET.