24, LABURNUM ROAD, NEWTON ABBOT, TQ12 4LH - £495,000

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

24 LABURNUM ROAD is a very large extended detached house of 204m², built sometime between 1950 and 1966, which could now be worth an estimated £522,131. It was last sold for £495,000 in January 2022, which was around 11% above the average January 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

24 LABURNUM ROAD Sold Prices

Land registry data shows two sales for 24 LABURNUM ROAD 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 24 LABURNUM ROAD sales was for above the average price, whilst the other was 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 28 JAN	£495,000	£444,933	11% above HPI
2018 21 JUN	£267,500	£374,291	29% below HPI

24 LABURNUM 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 two 24 LABURNUM ROAD sales from June 2018 and January 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 June 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 24 LABURNUM ROAD be worth now?

24 LABURNUM ROAD might now be worth an estimated £522,131.

This is based on house price inflation of 5.5%, between January 2022 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 5.5% inflationary increase is applied to the most recent sale price for 24 LABURNUM ROAD of £495,000 on 28th January 2022. For the value to have increased from £495,000 to £522,131 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 24 LABURNUM ROAD has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The January 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LABURNUM ROAD has not materially changed since January 2022.

How Large is 24 LABURNUM ROAD?

24 LABURNUM ROAD is 204m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% 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 24 LABURNUM ROAD lies on this distribution: 93% of detached houses houses are smaller than 24 LABURNUM ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

24 LABURNUM ROAD: Plot and Title Map

24 LABURNUM ROAD sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 24 LABURNUM 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 24 LABURNUM 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 24 LABURNUM ROAD?

24 LABURNUM ROAD is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 24 on LABURNUM ROAD.