3, THE ACRE, CHAGFORD, NEWTON ABBOT, TQ13 8BQ - £541,000

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.

3 THE ACRE is a very large extended detached house of 165m², built sometime between 1976 and 1982, which could now be worth an estimated £872,022. It was last sold for £541,000 in January 2012, which was around 90% above the average January 2012 detached price in the West Devon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

3 THE ACRE Sold Prices

Land registry data shows two sales for 3 THE ACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two 3 THE ACRE sales were for above 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
2012 19 JAN	£541,000	£284,523	90% above HPI
2006 23 NOV	£485,000	£299,979	62% above HPI

3 THE ACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two 3 THE ACRE sales from November 2006 and January 2012 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 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the January 2012 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 3 THE ACRE be worth now?

3 THE ACRE might now be worth an estimated £872,022.

This is based on house price inflation of 61.2%, between January 2012 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.2% inflationary increase is applied to the most recent sale price for 3 THE ACRE of £541,000 on 19th January 2012. For the value to have increased from £541,000 to £872,022 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 THE ACRE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The January 2012 sale price of £541,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE ACRE has not materially changed since January 2012.

How Large is 3 THE ACRE?

3 THE ACRE is 165m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 20% of detached houses houses in Chagford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chagford, and where 3 THE ACRE lies on this distribution: 82% of detached houses houses are smaller than 3 THE ACRE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chagford.

3 THE ACRE: Plot and Title Map

3 THE ACRE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 3 THE ACRE, 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 THE ACRE). 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 3 THE ACRE?

3 THE ACRE is located in CHAGFORD, in the TQ13 postcode district. The below map shows the position of No. 3 on THE ACRE.