40, NEW WALK, TOTNES, TQ9 5WE - £270,000

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

40 NEW WALK is a small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £302,959. It was last sold for £270,000 in March 2021, which was around 47% below the average March 2021 detached price in the South Hams local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

40 NEW WALK Sold Prices

Land registry data shows four sales for 40 NEW WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four 40 NEW WALK 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 11 MAR	£270,000	£513,037	47% below HPI
2006 27 MAR	£247,500	£345,436	28% below HPI
2003 7 FEB	£179,950	£267,119	33% below HPI
1995 27 JAN	£86,950	£95,750	9% below HPI

40 NEW WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four 40 NEW WALK sales between January 1995 and March 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 March 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 40 NEW WALK be worth now?

40 NEW WALK might now be worth an estimated £302,959.

This is based on house price inflation of 12.2%, between March 2021 and December 2024, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 40 NEW WALK of £270,000 on 11th March 2021. For the value to have increased from £270,000 to £302,959 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 40 NEW WALK has moved in line with the HPI for detached houses in the South Hams local authority area.
• The March 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NEW WALK has not materially changed since March 2021.

How Large is 40 NEW WALK?

40 NEW WALK is 85m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses houses in Totnes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totnes, and where 40 NEW WALK lies on this distribution: 21% of detached houses houses are smaller than 40 NEW WALK, and 79% of houses are larger. Note that EPC data is not available for all properties in Totnes.

40 NEW WALK: Plot and Title Map

40 NEW WALK sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 40 NEW WALK, 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 40 NEW WALK). 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 40 NEW WALK?

40 NEW WALK is located in TOTNES, in the TQ9 postcode district. The below map shows the position of No. 40 on NEW WALK.