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
3 IMPERIAL MEWS is a midsized property of 115m², built sometime between 1996 and 2002. It was last sold for £260,000 in May 2023, which was around 42% below the average May 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 IMPERIAL MEWS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the five 3 IMPERIAL MEWS 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 |
---|---|---|---|
2023 19 MAY | £260,000 | £451,445 | 42% below HPI |
2013 5 DEC | £170,000 | £291,132 | 42% below HPI |
2006 31 OCT | £170,000 | £287,484 | 41% below HPI |
2001 12 OCT | £110,000 | £158,273 | 30% below HPI |
2001 11 APR | £91,500 | £141,480 | 35% below HPI |
The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The five 3 IMPERIAL MEWS sales between April 2001 and May 2023 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 December 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2023 sale, which was also at 42% below the HPI.
3 IMPERIAL MEWS is 115m² according to the EPC inspection conducted in October 2022. This puts it in the largest 50% 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 3 IMPERIAL MEWS lies on this distribution: 52% of detached houses are smaller than 3 IMPERIAL MEWS, and 47% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.
3 IMPERIAL MEWS sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 3 IMPERIAL MEWS, 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 3 IMPERIAL MEWS). 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.
3 IMPERIAL MEWS is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 3 on IMPERIAL MEWS.