32, LARKSMEAD WAY, OGWELL, NEWTON ABBOT, TQ12 6FE - £445,000

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

32 LARKSMEAD WAY is a large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £445,000 in March 2023, which was around 5% below the average March 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

32 LARKSMEAD WAY Sold Prices

Land registry data shows five sales for 32 LARKSMEAD WAY since 1^st 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. Most of the five 32 LARKSMEAD WAY 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
2023 31 MAR	£445,000	£466,347	5% below HPI
2019 19 DEC	£345,000	£365,687	6% below HPI
2002 11 JUN	£213,500	£185,329	15% above HPI
1999 20 AUG	£129,000	£112,387	15% above HPI
1996 9 FEB	£116,000	£74,390	56% above HPI

32 LARKSMEAD WAY 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 five 32 LARKSMEAD WAY sales between February 1996 and March 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 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 32 LARKSMEAD WAY?

32 LARKSMEAD WAY is 148m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% 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 32 LARKSMEAD WAY lies on this distribution: 80% of detached houses are smaller than 32 LARKSMEAD WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

32 LARKSMEAD WAY: Plot and Title Map

32 LARKSMEAD WAY sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 32 LARKSMEAD WAY, 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 LARKSMEAD WAY). 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 LARKSMEAD WAY?

32 LARKSMEAD WAY is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 32 on LARKSMEAD WAY.