Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
34 PENNYACRE ROAD is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £420,000 in January 2022, which was around 3% below the average January 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 34 PENNYACRE ROAD since 1st 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 34 PENNYACRE 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 |
---|---|---|---|
2022 25 JAN | £420,000 | £435,180 | 3% below HPI |
2017 5 OCT | £245,000 | £360,621 | 32% below HPI |
1997 31 OCT | £63,000 | £96,630 | 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 three 34 PENNYACRE ROAD sales between October 1997 and January 2022 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 October 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
34 PENNYACRE ROAD is 125m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where 34 PENNYACRE ROAD lies on this distribution: 66% of detached houses are smaller than 34 PENNYACRE ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.
34 PENNYACRE ROAD sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 34 PENNYACRE 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 34 PENNYACRE 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.
34 PENNYACRE ROAD is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 34 on PENNYACRE ROAD.