2, MERRYWOOD, OGWELL, NEWTON ABBOT, TQ12 6LP - £278,000

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

2 MERRYWOOD is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £278,000 in June 2015, which was around 10% below the average June 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 MERRYWOOD Sold Prices

Land registry data shows seven sales for 2 MERRYWOOD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. The seven 2 MERRYWOOD sales were a mix of below the average price, roughly equal to the average price, and 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
2015 5 JUN	£278,000	£309,987	10% below HPI
2011 31 MAY	£247,000	£282,293	13% below HPI
2004 30 JUL	£243,000	£252,969	4% below HPI
2001 22 JUN	£143,500	£147,574	3% below HPI
2000 23 MAY	£114,000	£127,003	10% below HPI
1996 10 DEC	£88,750	£88,382	Close to HPI
1995 16 FEB	£86,500	£75,878	14% above HPI

2 MERRYWOOD 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 seven 2 MERRYWOOD sales between February 1995 and June 2015 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 May 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 MERRYWOOD?

2 MERRYWOOD is 138m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 2 MERRYWOOD lies on this distribution: 74% of detached houses are smaller than 2 MERRYWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 MERRYWOOD: Plot and Title Map

2 MERRYWOOD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 MERRYWOOD, 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 2 MERRYWOOD). 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 2 MERRYWOOD?

2 MERRYWOOD is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 2 on MERRYWOOD.