18, ROWAN CLOSE, OGWELL, NEWTON ABBOT, TQ12 6YN - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 ROWAN CLOSE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £345,000 in May 2022, which was around 24% below the average May 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

18 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 18 ROWAN 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 18 ROWAN 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
2022 27 MAY	£345,000	£451,385	24% below HPI
2017 17 FEB	£175,000	£338,720	48% below HPI
1997 26 AUG	£53,750	£92,539	42% below HPI

18 ROWAN 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 18 ROWAN CLOSE sales between August 1997 and May 2022 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 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 ROWAN CLOSE?

18 ROWAN CLOSE is 59m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Abbot, and where 18 ROWAN CLOSE lies on this distribution: 3% of detached houses are smaller than 18 ROWAN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

18 ROWAN CLOSE: Plot and Title Map

18 ROWAN CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 18 ROWAN 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 18 ROWAN 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 18 ROWAN CLOSE?

18 ROWAN CLOSE is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 18 on ROWAN CLOSE.