PENRAE, EAST STREET, IPPLEPEN, NEWTON ABBOT, TQ12 5SU - £560,000

PENRAE is a very large extended detached house of 175m², built sometime before 1900. It was last sold for £560,000 in May 2014, which was around 85% above the average May 2014 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

PENRAE Sold Prices

Land registry data shows two sales for PENRAE 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 PENRAE 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
2014 19 MAY	£560,000	£301,933	85% above HPI
1996 16 MAY	£84,000	£81,208	3% above HPI

PENRAE 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 PENRAE sales from May 1996 and May 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 May 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2014 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is PENRAE?

PENRAE is 175m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Ipplepen, based on EPC data. The below chart shows the distribution of detached houses by size in Ipplepen, and where PENRAE lies on this distribution: 89% of detached houses are smaller than PENRAE, and 10% of houses are larger. Note that EPC data is not available for all properties in Ipplepen.

PENRAE: Plot and Title Map

PENRAE sits on a plot of roughly 0.318 of an acre, or 1,288m². The below map shows the location of PENRAE, 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 PENRAE). 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 PENRAE?

PENRAE is located on EAST STREET in IPPLEPEN, in the TQ12 postcode district. The below map shows the position of PENRAE on EAST STREET.