8, LEDSGROVE, IPPLEPEN, NEWTON ABBOT, TQ12 5QY - £315,000

8 LEDSGROVE is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £315,000 in August 2020, which was around 18% below the average August 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

8 LEDSGROVE Sold Prices

Land registry data shows two sales for 8 LEDSGROVE 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 8 LEDSGROVE 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 26 AUG	£315,000	£383,184	18% below HPI
2020 31 JAN	£215,000	£360,809	40% below HPI

8 LEDSGROVE 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 8 LEDSGROVE sales from January 2020 and August 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 January 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LEDSGROVE?

8 LEDSGROVE is 82m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses in Ipplepen, based on EPC data. The below chart shows the distribution of detached houses by size in Ipplepen, and where 8 LEDSGROVE lies on this distribution: 26% of detached houses are smaller than 8 LEDSGROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

8 LEDSGROVE: Plot and Title Map

8 LEDSGROVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 8 LEDSGROVE, 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 8 LEDSGROVE). 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 8 LEDSGROVE?

8 LEDSGROVE is located in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of No. 8 on LEDSGROVE.