THE LAURELS, HIND STREET, BOVEY TRACEY, NEWTON ABBOT, TQ13 9HT - £445,000

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 LAURELS is a very large extended detached house of 235m², built sometime before 1900, which could now be worth an estimated £699,007. It was last sold for £445,000 in August 2013, which was around 50% above the average August 2013 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four THE LAURELS 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 15 AUG	£445,000	£297,595	50% above HPI
2006 14 JUL	£390,000	£288,566	35% above HPI
2003 24 NOV	£320,000	£246,959	30% above HPI
2000 13 OCT	£195,000	£140,758	39% above HPI

THE LAURELS 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 four THE LAURELS sales between October 2000 and August 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 July 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2013 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £699,007.

This is based on house price inflation of 57.1%, between August 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 57.1% inflationary increase is applied to the most recent sale price for THE LAURELS of £445,000 on 15th August 2013. For the value to have increased from £445,000 to £699,007 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2013 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since August 2013.

How Large is THE LAURELS?

THE LAURELS is 235m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 THE LAURELS lies on this distribution: 98% of detached houses houses are smaller than THE LAURELS, and 2% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on HIND STREET in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of THE LAURELS on HIND STREET.