2, REDSTART CLOSE, NEWTON ABBOT, TQ12 6BS - £249,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 REDSTART CLOSE is a large detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £416,611. It was last sold for £249,950 in November 2009, which was around 11% below the average November 2009 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

2 REDSTART CLOSE Sold Prices

Land registry data shows three sales for 2 REDSTART 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 2 REDSTART 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
2009 6 NOV	£249,950	£281,573	11% below HPI
2007 26 OCT	£250,000	£318,245	21% below HPI
2005 23 SEP	£237,000	£275,625	14% below HPI

2 REDSTART 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 2 REDSTART CLOSE sales between September 2005 and November 2009 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 October 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2009 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 REDSTART CLOSE be worth now?

2 REDSTART CLOSE might now be worth an estimated £416,611.

This is based on house price inflation of 66.7%, between November 2009 and December 2024, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.7% inflationary increase is applied to the most recent sale price for 2 REDSTART CLOSE of £249,950 on 6th November 2009. For the value to have increased from £249,950 to £416,611 over the fourteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 REDSTART CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The November 2009 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 REDSTART CLOSE has not materially changed since November 2009.

How Large is 2 REDSTART CLOSE?

2 REDSTART CLOSE is 127m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Abbot, and where 2 REDSTART CLOSE lies on this distribution: 64% of detached houses houses are smaller than 2 REDSTART CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 REDSTART CLOSE: Plot and Title Map

2 REDSTART CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 REDSTART 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 REDSTART 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 REDSTART CLOSE?

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