5, PARK VIEW, NEWTON ABBOT, TQ12 4NX - £340,000

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

5 PARK VIEW is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £349,656. It was last sold for £340,000 in May 2024, which was around 25% below the average May 2024 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

5 PARK VIEW Sold Prices

Land registry data shows three sales for 5 PARK VIEW since 1^st 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 5 PARK VIEW 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
2024 10 MAY	£340,000	£456,360	25% below HPI
2012 30 AUG	£208,000	£289,643	28% below HPI
2003 17 APR	£179,000	£221,037	19% below HPI

5 PARK VIEW 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 three 5 PARK VIEW sales between April 2003 and May 2024 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 August 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 PARK VIEW be worth now?

5 PARK VIEW might now be worth an estimated £349,656.

This is based on house price inflation of 2.8%, between May 2024 and December 2024, 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 2.8% inflationary increase is applied to the most recent sale price for 5 PARK VIEW of £340,000 on 10th May 2024. For the value to have increased from £340,000 to £349,656 over the five months to December 2024, the following assumptions must hold true:

• The value of 5 PARK VIEW has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The May 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK VIEW has not materially changed since May 2024.

How Large is 5 PARK VIEW?

5 PARK VIEW is 88m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 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 PARK VIEW lies on this distribution: 23% of detached houses houses are smaller than 5 PARK VIEW, and 76% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

5 PARK VIEW: Plot and Title Map

5 PARK VIEW sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 5 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

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