5, MONTEREY PARK, NEWTON ABBOT, TQ12 4BZ - £425,000

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.

5 MONTEREY PARK is a large detached house of 137m², built sometime from 2007 onwards, which could now be worth an estimated £611,123. It was last sold for £425,000 in July 2015, which was around 31% above the average July 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

5 MONTEREY PARK Sold Prices

Land registry data shows two sales for 5 MONTEREY PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 5 MONTEREY PARK 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
2015 10 JUL	£425,000	£325,093	31% above HPI
2012 25 JUN	£385,000	£285,551	35% above HPI

5 MONTEREY PARK 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 two 5 MONTEREY PARK sales from June 2012 and July 2015 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 June 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2015 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 MONTEREY PARK be worth now?

5 MONTEREY PARK might now be worth an estimated £611,123.

This is based on house price inflation of 43.8%, between July 2015 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.8% inflationary increase is applied to the most recent sale price for 5 MONTEREY PARK of £425,000 on 10th July 2015. For the value to have increased from £425,000 to £611,123 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MONTEREY PARK has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The July 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONTEREY PARK has not materially changed since July 2015.

How Large is 5 MONTEREY PARK?

5 MONTEREY PARK is 137m² according to the EPC inspection conducted in January 2011. This puts it in the largest 30% of detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Abbot, and where 5 MONTEREY PARK lies on this distribution: 73% of detached houses houses are smaller than 5 MONTEREY PARK, and 27% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

5 MONTEREY PARK: Plot and Title Map

5 MONTEREY PARK sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 5 MONTEREY PARK, 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 5 MONTEREY PARK). 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 5 MONTEREY PARK?

5 MONTEREY PARK is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 5 on MONTEREY PARK.