6, LANG WAY, IPPLEPEN, NEWTON ABBOT, TQ12 5QU - £345,000

6 LANG WAY is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £345,000 in September 2020, which was around 11% below the average September 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

6 LANG WAY Sold Prices

Land registry data shows three sales for 6 LANG WAY 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 6 LANG WAY 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 8 SEP	£345,000	£385,768	11% below HPI
2019 5 FEB	£215,000	£359,607	40% below HPI
1997 5 AUG	£67,500	£92,539	27% below HPI

6 LANG WAY 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 6 LANG WAY sales between August 1997 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 February 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 6 LANG WAY?

6 LANG WAY is 87m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Ipplepen, based on EPC data. The below chart shows the distribution of detached houses by size in Ipplepen, and where 6 LANG WAY lies on this distribution: 31% of detached houses are smaller than 6 LANG WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

6 LANG WAY: Plot and Title Map

6 LANG WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 6 LANG WAY, 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 6 LANG WAY). 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 6 LANG WAY?

6 LANG WAY is located in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of No. 6 on LANG WAY.