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
51 CHESTNUT DRIVE is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £69,000 in April 1997, which was around 19% below the average April 1997 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 51 CHESTNUT DRIVE since 1st 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 51 CHESTNUT DRIVE 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 |
---|---|---|---|
1997 4 APR | £69,000 | £84,979 | 19% below HPI |
1995 6 JAN | £69,000 | £74,574 | 7% below HPI |
The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two 51 CHESTNUT DRIVE sales from January 1995 and April 1997 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 January 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 1997 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
51 CHESTNUT DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 51 CHESTNUT DRIVE lies on this distribution: 56% of detached houses are smaller than 51 CHESTNUT DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.
51 CHESTNUT DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 51 CHESTNUT DRIVE, 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 51 CHESTNUT DRIVE). 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.
51 CHESTNUT DRIVE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 51 on CHESTNUT DRIVE.