4, HAMES WAY, CHAGFORD, NEWTON ABBOT, TQ13 8FP - £405,000

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.

4 HAMES WAY is a very small detached house of 98m², built in 2021, which could now be worth an estimated £433,956. It was last sold for £405,000 in November 2021, which was around 5% below the average November 2021 detached price in the West Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

4 HAMES WAY Sold Prices

Land registry data shows two sales for 4 HAMES WAY 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. One of the two 4 HAMES WAY sales was for below the average price, whilst the other was 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
2021 26 NOV	£405,000	£428,013	5% below HPI
2017 25 OCT	£3,441,875	£339,632	913% above HPI

4 HAMES WAY 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 4 HAMES WAY sales from October 2017 and November 2021 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 913% above the HPI. So the extrapolation line tracks at 913% above the HPI over time, until the November 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 HAMES WAY be worth now?

4 HAMES WAY might now be worth an estimated £433,956.

This is based on house price inflation of 7.1%, between November 2021 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 7.1% inflationary increase is applied to the most recent sale price for 4 HAMES WAY of £405,000 on 26th November 2021. For the value to have increased from £405,000 to £433,956 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 HAMES WAY has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HAMES WAY has not materially changed since November 2021.

How Large is 4 HAMES WAY?

4 HAMES WAY is 98m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 4 HAMES WAY lies on this distribution: 12% of detached houses houses are smaller than 4 HAMES WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Chagford.

4 HAMES WAY: Plot and Title Map

4 HAMES WAY sits on a plot of roughly 3.5 acres, or 14,183m². The below map shows the location of 4 HAMES 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 4 HAMES 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 4 HAMES WAY?

4 HAMES WAY is located in CHAGFORD, in the TQ13 postcode district. The below map shows the position of No. 4 on HAMES WAY.