56, RIDGEWAY ROAD, NEWTON ABBOT, TQ12 4LS - £315,000

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

56 RIDGEWAY ROAD is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £315,000 in May 2016, which was around 4% below the average May 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was C.

56 RIDGEWAY ROAD Sold Prices

Land registry data shows three sales for 56 RIDGEWAY ROAD 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 56 RIDGEWAY ROAD 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
2016 27 MAY	£315,000	£329,117	4% below HPI
2015 6 NOV	£228,500	£326,323	30% below HPI
2010 10 SEP	£190,000	£296,209	36% below HPI

56 RIDGEWAY ROAD 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 56 RIDGEWAY ROAD sales between September 2010 and May 2016 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 November 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 56 RIDGEWAY ROAD?

56 RIDGEWAY ROAD is 122m², which includes one extension, according to the EPC inspection conducted in April 2010. 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 56 RIDGEWAY ROAD lies on this distribution: 60% of detached houses are smaller than 56 RIDGEWAY ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

56 RIDGEWAY ROAD: Plot and Title Map

56 RIDGEWAY ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 56 RIDGEWAY ROAD, 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 56 RIDGEWAY ROAD). 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 56 RIDGEWAY ROAD?

56 RIDGEWAY ROAD is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 56 on RIDGEWAY ROAD.