5, VICTORY CLOSE, NEWTON ABBOT, TQ12 2JJ - £570,000

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

5 VICTORY CLOSE is a very large extended detached house of 186m², built sometime between 1996 and 2002. It was last sold for £570,000 in February 2022, which was around 29% above the average February 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

5 VICTORY CLOSE Sold Prices

Land registry data shows three sales for 5 VICTORY CLOSE 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 VICTORY CLOSE 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
2022 18 FEB	£570,000	£440,705	29% above HPI
2009 15 MAY	£349,950	£253,856	38% above HPI
2003 15 JAN	£284,950	£211,778	35% above HPI

5 VICTORY CLOSE 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 VICTORY CLOSE sales between January 2003 and February 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 May 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 VICTORY CLOSE?

5 VICTORY CLOSE is 186m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 5 VICTORY CLOSE lies on this distribution: 91% of detached houses are smaller than 5 VICTORY CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

5 VICTORY CLOSE: Plot and Title Map

5 VICTORY CLOSE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 5 VICTORY CLOSE, 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 VICTORY CLOSE). 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 VICTORY CLOSE?

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