1, LARKSMEAD CLOSE, OGWELL, NEWTON ABBOT, TQ12 6FD - £382,000

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.

1 LARKSMEAD CLOSE is a very large extended detached house of 183m², built sometime between 1991 and 1995, which could now be worth an estimated £488,243. It was last sold for £382,000 in May 2019, which was around 4% above the average May 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

1 LARKSMEAD CLOSE Sold Prices

Land registry data shows four sales for 1 LARKSMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Most of the four 1 LARKSMEAD CLOSE 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
2019 31 MAY	£382,000	£365,742	4% above HPI
2008 2 MAY	£312,500	£308,991	1% above HPI
2005 3 AUG	£290,000	£272,277	7% above HPI
1996 20 DEC	£17,000	£90,363	81% below HPI

1 LARKSMEAD CLOSE 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 four 1 LARKSMEAD CLOSE sales between December 1996 and May 2019 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 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 1 LARKSMEAD CLOSE be worth now?

1 LARKSMEAD CLOSE might now be worth an estimated £488,243.

This is based on house price inflation of 27.8%, between May 2019 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 27.8% inflationary increase is applied to the most recent sale price for 1 LARKSMEAD CLOSE of £382,000 on 31st May 2019. For the value to have increased from £382,000 to £488,243 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 1 LARKSMEAD CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The May 2019 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LARKSMEAD CLOSE has not materially changed since May 2019.

How Large is 1 LARKSMEAD CLOSE?

1 LARKSMEAD CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Abbot, and where 1 LARKSMEAD CLOSE lies on this distribution: 90% of detached houses houses are smaller than 1 LARKSMEAD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

1 LARKSMEAD CLOSE: Plot and Title Map

1 LARKSMEAD CLOSE sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 1 LARKSMEAD CLOSE, 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 1 LARKSMEAD CLOSE). 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 1 LARKSMEAD CLOSE?

1 LARKSMEAD CLOSE is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 1 on LARKSMEAD CLOSE.