1, SPEEDWELL CLOSE, NEWTON ABBOT, TQ12 1GN - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 SPEEDWELL CLOSE is a small detached house of 98m², which could now be worth an estimated £380,410. It was last sold for £375,000 in June 2023, which was around 19% below the average June 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

1 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 1 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 1 SPEEDWELL CLOSE 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
2023 7 JUN	£375,000	£462,645	19% below HPI
2018 29 AUG	£290,000	£378,845	23% below HPI
2014 26 NOV	£249,995	£318,115	21% below HPI

1 SPEEDWELL 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 three 1 SPEEDWELL CLOSE sales between November 2014 and June 2023 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 August 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 SPEEDWELL CLOSE be worth now?

1 SPEEDWELL CLOSE might now be worth an estimated £380,410.

This is based on house price inflation of 1.4%, between June 2023 and December 2024, 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 1.4% inflationary increase is applied to the most recent sale price for 1 SPEEDWELL CLOSE of £375,000 on 7th June 2023. For the value to have increased from £375,000 to £380,410 over the six months to December 2024, the following assumptions must hold true:

• The value of 1 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPEEDWELL CLOSE has not materially changed since June 2023.

How Large is 1 SPEEDWELL CLOSE?

1 SPEEDWELL CLOSE is 98m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% 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 SPEEDWELL CLOSE lies on this distribution: 32% of detached houses houses are smaller than 1 SPEEDWELL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

1 SPEEDWELL CLOSE: Plot and Title Map

1 SPEEDWELL CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 1 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

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