15, CHESTNUT DRIVE, NEWTON ABBOT, TQ12 4JX - £260,954

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

15 CHESTNUT DRIVE is a very small extended semi-detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £272,962. It was last sold for £260,954 in May 2023, which was around 12% below the average May 2023 semi-detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

15 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 15 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 15 CHESTNUT 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
2023 26 MAY	£260,954	£298,233	12% below HPI
2000 24 FEB	£70,950	£76,061	7% below HPI
1998 25 SEP	£60,000	£64,546	7% below HPI

15 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Teignbridge local authority area over time, sourced from the HPI. The three 15 CHESTNUT DRIVE sales between September 1998 and May 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 February 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 15 CHESTNUT DRIVE be worth now?

15 CHESTNUT DRIVE might now be worth an estimated £272,962.

This is based on house price inflation of 4.6%, between May 2023 and December 2024, for semi-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 4.6% inflationary increase is applied to the most recent sale price for 15 CHESTNUT DRIVE of £260,954 on 26th May 2023. For the value to have increased from £260,954 to £272,962 over the five months to December 2024, the following assumptions must hold true:

• The value of 15 CHESTNUT DRIVE has moved in line with the HPI for semi-detached houses in the Teignbridge local authority area.
• The May 2023 sale price of £260,954 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT DRIVE has not materially changed since May 2023.

How Large is 15 CHESTNUT DRIVE?

15 CHESTNUT DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of semi-detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Abbot, and where 15 CHESTNUT DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 15 CHESTNUT DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

15 CHESTNUT DRIVE: Plot and Title Map

15 CHESTNUT DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 15 CHESTNUT 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 15 CHESTNUT 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 15 CHESTNUT DRIVE?

15 CHESTNUT DRIVE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 15 on CHESTNUT DRIVE.