TREETOPS, PLACE LANE, ASHBURTON, NEWTON ABBOT, TQ13 7EP - £485,000

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.

TREETOPS is a very large detached house of 221m², built sometime between 1983 and 1990, which could now be worth an estimated £571,893. It was last sold for £485,000 in October 2020, which was around 22% above the average October 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows three sales for TREETOPS 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 TREETOPS 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
2020 13 OCT	£485,000	£396,437	22% above HPI
2007 4 MAY	£421,500	£296,319	42% above HPI
2002 9 AUG	£249,950	£195,935	28% above HPI

TREETOPS 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 TREETOPS sales between August 2002 and October 2020 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 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might TREETOPS be worth now?

TREETOPS might now be worth an estimated £571,893.

This is based on house price inflation of 17.9%, between October 2020 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 17.9% inflationary increase is applied to the most recent sale price for TREETOPS of £485,000 on 13th October 2020. For the value to have increased from £485,000 to £571,893 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of TREETOPS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of TREETOPS has not materially changed since October 2020.

How Large is TREETOPS?

TREETOPS is 221m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Ashburton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashburton, and where TREETOPS lies on this distribution: 97% of detached houses houses are smaller than TREETOPS, and 3% of houses are larger. Note that EPC data is not available for all properties in Ashburton.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on PLACE LANE in ASHBURTON, in the TQ13 postcode district. The below map shows the position of TREETOPS on PLACE LANE.