WAVERLEA, BLACKSTONE ROAD, IPPLEPEN, NEWTON ABBOT, TQ12 5QN - £280,500

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

WAVERLEA is a small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £432,619. It was last sold for £280,500 in February 2014, which was around 7% below the average February 2014 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

WAVERLEA Sold Prices

Land registry data shows two sales for WAVERLEA 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 WAVERLEA 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
2014 14 FEB	£280,500	£303,092	7% below HPI
2011 5 AUG	£235,000	£287,038	18% below HPI

WAVERLEA 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 WAVERLEA sales from August 2011 and February 2014 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 August 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might WAVERLEA be worth now?

WAVERLEA might now be worth an estimated £432,619.

This is based on house price inflation of 54.2%, between February 2014 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 54.2% inflationary increase is applied to the most recent sale price for WAVERLEA of £280,500 on 14th February 2014. For the value to have increased from £280,500 to £432,619 over the eleven years to February 2025, the following assumptions must hold true:

• The value of WAVERLEA has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The February 2014 sale price of £280,500 represented a fair market value for the property.
• The size, condition, and specification of WAVERLEA has not materially changed since February 2014.

How Large is WAVERLEA?

WAVERLEA is 82m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 WAVERLEA lies on this distribution: 25% of detached houses houses are smaller than WAVERLEA, and 75% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

WAVERLEA: Plot and Title Map

WAVERLEA sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of WAVERLEA, 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 WAVERLEA). 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 WAVERLEA?

WAVERLEA is located on BLACKSTONE ROAD in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of WAVERLEA on BLACKSTONE ROAD.