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
4 PAYNSFORD MEWS is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £356,000 in August 2021, which was around 13% below the average August 2021 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 4 PAYNSFORD MEWS since 1st 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 4 PAYNSFORD MEWS 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 |
---|---|---|---|
2021 20 AUG | £356,000 | £410,637 | 13% below HPI |
2007 31 MAY | £270,000 | £289,824 | 7% below HPI |
2001 2 MAR | £127,950 | £141,017 | 9% below HPI |
2000 7 JAN | £100,000 | £120,363 | 17% below HPI |
The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The four 4 PAYNSFORD MEWS sales between January 2000 and August 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 May 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
4 PAYNSFORD MEWS is 116m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 4 PAYNSFORD MEWS lies on this distribution: 54% of detached houses are smaller than 4 PAYNSFORD MEWS, and 45% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.
4 PAYNSFORD MEWS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 4 PAYNSFORD MEWS, 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 PAYNSFORD MEWS). 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.
4 PAYNSFORD MEWS is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 4 on PAYNSFORD MEWS.