2, ROWANTREE ROAD, NEWTON ABBOT, TQ12 4LL - £249,000

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 ROWANTREE ROAD is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £249,000 in February 2020, which was around 31% below the average February 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

2 ROWANTREE ROAD Sold Prices

Land registry data shows three sales for 2 ROWANTREE ROAD 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 ROWANTREE ROAD 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
2020 24 FEB	£249,000	£362,027	31% below HPI
2010 7 MAY	£190,000	£283,607	33% below HPI
2005 24 JUN	£180,000	£267,795	33% below HPI

2 ROWANTREE ROAD 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 ROWANTREE ROAD sales between June 2005 and February 2020 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 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 ROWANTREE ROAD?

2 ROWANTREE ROAD is 70m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 ROWANTREE ROAD lies on this distribution: 8% of detached houses are smaller than 2 ROWANTREE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 ROWANTREE ROAD: Plot and Title Map

2 ROWANTREE ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 ROWANTREE ROAD, 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 ROWANTREE ROAD). 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 ROWANTREE ROAD?

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