2, OAK LAWN, NEWTON ABBOT, TQ12 1QP - £440,000

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 OAK LAWN is a very large extended detached house of 155m², built sometime between 2003 and 2006. It was last sold for £440,000 in March 2024, which was around 5% below the average March 2024 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

2 OAK LAWN Sold Prices

Land registry data shows two sales for 2 OAK LAWN 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. One of the two 2 OAK LAWN sales was for below the average price, whilst the other was for 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
2024 14 MAR	£440,000	£463,572	5% below HPI
2005 20 APR	£300,000	£272,735	10% above HPI

2 OAK LAWN 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 OAK LAWN sales from April 2005 and March 2024 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 April 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 OAK LAWN?

2 OAK LAWN is 155m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% 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 OAK LAWN lies on this distribution: 82% of detached houses are smaller than 2 OAK LAWN, and 18% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 OAK LAWN: Plot and Title Map

2 OAK LAWN sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 OAK LAWN, 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 OAK LAWN). 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 OAK LAWN?

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