17, LANDRACE CLOSE, OGWELL, NEWTON ABBOT, TQ12 6UG - £318,000

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.

17 LANDRACE CLOSE is a large detached house of 130m², which could now be worth an estimated £401,612. It was last sold for £318,000 in February 2020, which was around 14% below the average February 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

17 LANDRACE CLOSE Sold Prices

Land registry data shows two sales for 17 LANDRACE CLOSE 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 17 LANDRACE 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
2020 28 FEB	£318,000	£370,141	14% below HPI
2015 1 JUL	£290,000	£325,093	11% below HPI

17 LANDRACE 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 two 17 LANDRACE CLOSE sales from July 2015 and February 2020 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 17 LANDRACE CLOSE be worth now?

17 LANDRACE CLOSE might now be worth an estimated £401,612.

This is based on house price inflation of 26.3%, between February 2020 and February 2025, 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 26.3% inflationary increase is applied to the most recent sale price for 17 LANDRACE CLOSE of £318,000 on 28th February 2020. For the value to have increased from £318,000 to £401,612 over the five years to February 2025, the following assumptions must hold true:

• The value of 17 LANDRACE CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The February 2020 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LANDRACE CLOSE has not materially changed since February 2020.

How Large is 17 LANDRACE CLOSE?

17 LANDRACE CLOSE is 130m² according to the EPC inspection conducted in February 2015. This puts it in the largest 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 17 LANDRACE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 17 LANDRACE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

17 LANDRACE CLOSE: Plot and Title Map

17 LANDRACE CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 17 LANDRACE 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 17 LANDRACE 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 17 LANDRACE CLOSE?

17 LANDRACE CLOSE is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 17 on LANDRACE CLOSE.