18, NEW WALK, TOTNES, TQ9 5WB - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 NEW WALK is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £265,000 in October 2019, which was around 44% below the average October 2019 detached price in the South Hams local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

18 NEW WALK Sold Prices

Land registry data shows three sales for 18 NEW WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 18 NEW WALK 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
2019 25 OCT	£265,000	£470,078	44% below HPI
2005 5 SEP	£250,000	£337,949	26% below HPI
2002 7 AUG	£145,000	£223,665	35% below HPI

18 NEW WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 18 NEW WALK sales between August 2002 and October 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 September 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 NEW WALK?

18 NEW WALK is 66m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Totnes, based on EPC data. The below chart shows the distribution of detached houses by size in Totnes, and where 18 NEW WALK lies on this distribution: 6% of detached houses are smaller than 18 NEW WALK, and 93% of houses are larger. Note that EPC data is not available for all properties in Totnes.

18 NEW WALK: Plot and Title Map

18 NEW WALK sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 18 NEW WALK, 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 18 NEW WALK). 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 18 NEW WALK?

18 NEW WALK is located in TOTNES, in the TQ9 postcode district. The below map shows the position of No. 18 on NEW WALK.