4, BUTTS LANE, IDEFORD, NEWTON ABBOT, TQ13 0BD - £315,000

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.

4 BUTTS LANE is a very small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £378,541. It was last sold for £315,000 in September 2020, which was around 20% below the average September 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.

4 BUTTS LANE Sold Prices

Land registry data shows two sales for 4 BUTTS LANE 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 4 BUTTS LANE 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
2020 25 SEP	£315,000	£394,414	20% below HPI
1996 4 JUL	£75,000	£82,790	9% below HPI

4 BUTTS LANE 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 4 BUTTS LANE sales from July 1996 and September 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 July 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 BUTTS LANE be worth now?

4 BUTTS LANE might now be worth an estimated £378,541.

This is based on house price inflation of 20.2%, between September 2020 and March 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 20.2% inflationary increase is applied to the most recent sale price for 4 BUTTS LANE of £315,000 on 25th September 2020. For the value to have increased from £315,000 to £378,541 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 4 BUTTS LANE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BUTTS LANE has not materially changed since September 2020.

How Large is 4 BUTTS LANE?

4 BUTTS LANE is 94m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Ideford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ideford, and where 4 BUTTS LANE lies on this distribution: 10% of detached houses houses are smaller than 4 BUTTS LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ideford.

4 BUTTS LANE: Plot and Title Map

4 BUTTS LANE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 4 BUTTS LANE, 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 4 BUTTS LANE). 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 4 BUTTS LANE?

4 BUTTS LANE is located in IDEFORD, in the TQ13 postcode district. The below map shows the position of No. 4 on BUTTS LANE.