12, LAMB PARK, CHAGFORD, NEWTON ABBOT, TQ13 8DN - £240,000

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.

12 LAMB PARK is a very small extended terraced house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £291,753. It was last sold for £240,000 in July 2019, which was around 31% above the average July 2019 terraced price in the West Devon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

12 LAMB PARK Sold Prices

Land registry data shows four sales for 12 LAMB PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Devon local authority area for the corresponding sale date. All of the four 12 LAMB PARK 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 16 JUL	£240,000	£182,954	31% above HPI
2008 7 JUL	£240,000	£159,745	50% above HPI
2006 19 DEC	£215,000	£154,108	40% above HPI
1995 21 DEC	£61,500	£37,860	62% above HPI

12 LAMB PARK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Devon local authority area over time, sourced from the HPI. The four 12 LAMB PARK sales between December 1995 and July 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 July 2008 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 12 LAMB PARK be worth now?

12 LAMB PARK might now be worth an estimated £291,753.

This is based on house price inflation of 21.6%, between July 2019 and July 2025, for terraced houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 12 LAMB PARK of £240,000 on 16th July 2019. For the value to have increased from £240,000 to £291,753 over the six years to July 2025, the following assumptions must hold true:

• The value of 12 LAMB PARK has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The July 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAMB PARK has not materially changed since July 2019.

How Large is 12 LAMB PARK?

12 LAMB PARK is 71m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of terraced houses houses in Chagford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chagford, and where 12 LAMB PARK lies on this distribution: Less than 1% of terraced houses houses are smaller than 12 LAMB PARK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chagford.

12 LAMB PARK: Plot and Title Map

12 LAMB PARK sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 12 LAMB PARK, 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 12 LAMB PARK). 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 12 LAMB PARK?

12 LAMB PARK is located in CHAGFORD, in the TQ13 postcode district. The below map shows the position of No. 12 on LAMB PARK.