2, NORMAN CLOSE, NEWTON ABBOT, TQ12 1PB - £244,000

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

2 NORMAN CLOSE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £244,000 in October 2019, which was around 34% below the average October 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

2 NORMAN CLOSE Sold Prices

Land registry data shows two sales for 2 NORMAN 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 2 NORMAN 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
2019 25 OCT	£244,000	£371,281	34% below HPI
1996 22 AUG	£67,500	£84,205	20% below HPI

2 NORMAN 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 2 NORMAN CLOSE sales from August 1996 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 August 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 NORMAN CLOSE?

2 NORMAN CLOSE is 71m² according to the EPC inspection conducted in February 2019. 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 2 NORMAN CLOSE lies on this distribution: 9% of detached houses are smaller than 2 NORMAN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 NORMAN CLOSE: Plot and Title Map

2 NORMAN CLOSE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 2 NORMAN 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 2 NORMAN 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 2 NORMAN CLOSE?

2 NORMAN CLOSE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 2 on NORMAN CLOSE.