1, OAK TREE DRIVE, NEWTON ABBOT, TQ12 4NN - £318,000

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 OAK TREE DRIVE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £318,000 in March 2022, which was around 28% below the average March 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

1 OAK TREE DRIVE Sold Prices

Land registry data shows two sales for 1 OAK TREE DRIVE 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 OAK TREE DRIVE 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
2022 30 MAR	£318,000	£443,467	28% below HPI
1996 1 APR	£63,500	£78,976	20% below HPI

1 OAK TREE DRIVE 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 OAK TREE DRIVE sales from April 1996 and March 2022 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 April 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 OAK TREE DRIVE?

1 OAK TREE DRIVE is 79m² according to the EPC inspection conducted in August 2021. 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 OAK TREE DRIVE lies on this distribution: 14% of detached houses are smaller than 1 OAK TREE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

1 OAK TREE DRIVE: Plot and Title Map

1 OAK TREE DRIVE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 1 OAK TREE DRIVE, 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 OAK TREE DRIVE). 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 OAK TREE DRIVE?

1 OAK TREE DRIVE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 1 on OAK TREE DRIVE.