2, WOLBOROUGH GARDENS, NEWTON ABBOT, TQ12 1JD - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOLBOROUGH GARDENS is a small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £440,923. It was last sold for £425,000 in February 2022, which was around 6% below the average February 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was A.

2 WOLBOROUGH GARDENS Sold Prices

Land registry data shows two sales for 2 WOLBOROUGH GARDENS 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 WOLBOROUGH GARDENS 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
2022 17 FEB	£425,000	£450,582	6% below HPI
2019 15 NOV	£295,000	£376,370	22% below HPI

2 WOLBOROUGH GARDENS 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 WOLBOROUGH GARDENS sales from November 2019 and February 2022 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 November 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 WOLBOROUGH GARDENS be worth now?

2 WOLBOROUGH GARDENS might now be worth an estimated £440,923.

This is based on house price inflation of 3.7%, between February 2022 and February 2025, 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 3.7% inflationary increase is applied to the most recent sale price for 2 WOLBOROUGH GARDENS of £425,000 on 17th February 2022. For the value to have increased from £425,000 to £440,923 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 WOLBOROUGH GARDENS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The February 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOLBOROUGH GARDENS has not materially changed since February 2022.

How Large is 2 WOLBOROUGH GARDENS?

2 WOLBOROUGH GARDENS is 90m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 WOLBOROUGH GARDENS lies on this distribution: 25% of detached houses houses are smaller than 2 WOLBOROUGH GARDENS, and 74% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 WOLBOROUGH GARDENS: Plot and Title Map

2 WOLBOROUGH GARDENS sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 WOLBOROUGH GARDENS, 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 WOLBOROUGH GARDENS). 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 WOLBOROUGH GARDENS?

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