1, LARKSMEAD WAY, OGWELL, NEWTON ABBOT, TQ12 6BT - £130,450

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LARKSMEAD WAY is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £130,450 in December 2004, which was around 50% below the average December 2004 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

1 LARKSMEAD WAY Sold Prices

Land registry data shows two sales for 1 LARKSMEAD WAY 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 1 LARKSMEAD 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
2004 1 DEC	£130,450	£259,347	50% below HPI
1996 4 JUN	£69,000	£80,456	14% below HPI

1 LARKSMEAD 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 two 1 LARKSMEAD WAY sales from June 1996 and December 2004 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 June 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2004 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1 LARKSMEAD WAY?

1 LARKSMEAD WAY is 85m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Abbot, and where 1 LARKSMEAD WAY lies on this distribution: 19% of detached houses are smaller than 1 LARKSMEAD WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

1 LARKSMEAD WAY: Plot and Title Map

1 LARKSMEAD WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 1 LARKSMEAD 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 1 LARKSMEAD 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 1 LARKSMEAD WAY?

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