5, PAYNSFORD MEWS, NEWTON ABBOT, TQ12 2PB - £365,000

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 PAYNSFORD MEWS is a midsized extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £376,316. It was last sold for £365,000 in March 2022, which was around 19% below the average March 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

5 PAYNSFORD MEWS Sold Prices

Land registry data shows two sales for 5 PAYNSFORD MEWS 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 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
2022 4 MAR	£365,000	£453,406	19% below HPI
1999 24 SEP	£99,950	£116,391	14% below HPI

5 PAYNSFORD MEWS 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 PAYNSFORD MEWS sales from September 1999 and March 2022 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 PAYNSFORD MEWS be worth now?

5 PAYNSFORD MEWS might now be worth an estimated £376,316.

This is based on house price inflation of 3.1%, between March 2022 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 3.1% inflationary increase is applied to the most recent sale price for 5 PAYNSFORD MEWS of £365,000 on 4th March 2022. For the value to have increased from £365,000 to £376,316 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 5 PAYNSFORD MEWS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The March 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PAYNSFORD MEWS has not materially changed since March 2022.

How Large is 5 PAYNSFORD MEWS?

5 PAYNSFORD MEWS is 116m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% 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 PAYNSFORD MEWS lies on this distribution: 54% of detached houses houses are smaller than 5 PAYNSFORD MEWS, and 45% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

5 PAYNSFORD MEWS: Plot and Title Map

5 PAYNSFORD MEWS sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 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 5 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.

Where is 5 PAYNSFORD MEWS?

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