32, CHESTNUT DRIVE, NEWTON ABBOT, TQ12 4JX - £377,000

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

32 CHESTNUT DRIVE is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £369,027. It was last sold for £377,000 in October 2024, which was around 21% below the average October 2024 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

32 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 32 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four 32 CHESTNUT DRIVE 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
2024 4 OCT	£377,000	£479,460	21% below HPI
2016 14 JAN	£262,500	£336,737	22% below HPI
2006 16 JUN	£193,500	£284,293	32% below HPI
1997 6 OCT	£72,500	£98,796	27% below HPI

32 CHESTNUT DRIVE 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 four 32 CHESTNUT DRIVE sales between October 1997 and October 2024 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 January 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 32 CHESTNUT DRIVE be worth now?

32 CHESTNUT DRIVE might now be worth an estimated £369,027.

This is based on house price deflation of 2.1%, between October 2024 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 2.1% deflationary decrease is applied to the most recent sale price for 32 CHESTNUT DRIVE of £377,000 on 4th October 2024. For the value to have decreased from £377,000 to £369,027 over the ten months to December 2024, the following assumptions must hold true:

• The value of 32 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2024 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of 32 CHESTNUT DRIVE has not materially changed since October 2024.

How Large is 32 CHESTNUT DRIVE?

32 CHESTNUT DRIVE is 118m², which includes three extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% 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 32 CHESTNUT DRIVE lies on this distribution: 56% of detached houses houses are smaller than 32 CHESTNUT DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

32 CHESTNUT DRIVE: Plot and Title Map

32 CHESTNUT DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 32 CHESTNUT DRIVE, 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 32 CHESTNUT DRIVE). 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 32 CHESTNUT DRIVE?

32 CHESTNUT DRIVE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 32 on CHESTNUT DRIVE.