31, RIDGEWAY ROAD, NEWTON ABBOT, TQ12 4LS - £255,000

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.

31 RIDGEWAY ROAD is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £333,405. It was last sold for £255,000 in August 2017, which was around 29% below the average August 2017 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

31 RIDGEWAY ROAD Sold Prices

Land registry data shows three sales for 31 RIDGEWAY 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 31 RIDGEWAY 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
2017 30 AUG	£255,000	£357,532	29% below HPI
1998 22 MAY	£83,000	£102,882	19% below HPI
1996 31 JUL	£69,500	£82,790	16% below HPI

31 RIDGEWAY 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 31 RIDGEWAY ROAD sales between July 1996 and August 2017 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 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 31 RIDGEWAY ROAD be worth now?

31 RIDGEWAY ROAD might now be worth an estimated £333,405.

This is based on house price inflation of 30.7%, between August 2017 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 30.7% inflationary increase is applied to the most recent sale price for 31 RIDGEWAY ROAD of £255,000 on 30th August 2017. For the value to have increased from £255,000 to £333,405 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 31 RIDGEWAY ROAD has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RIDGEWAY ROAD has not materially changed since August 2017.

How Large is 31 RIDGEWAY ROAD?

31 RIDGEWAY ROAD is 72m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 31 RIDGEWAY ROAD lies on this distribution: 9% of detached houses houses are smaller than 31 RIDGEWAY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

31 RIDGEWAY ROAD: Plot and Title Map

31 RIDGEWAY ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 31 RIDGEWAY 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 31 RIDGEWAY 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 31 RIDGEWAY ROAD?

31 RIDGEWAY ROAD is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 31 on RIDGEWAY ROAD.