6, MARGARET CLOSE, OGWELL, NEWTON ABBOT, TQ12 6BX - £249,950

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.

6 MARGARET CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £345,487. It was last sold for £249,950 in August 2016, which was around 26% below the average August 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

6 MARGARET CLOSE Sold Prices

Land registry data shows three sales for 6 MARGARET 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 6 MARGARET CLOSE 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 19 AUG	£249,950	£338,196	26% below HPI
2004 19 JAN	£169,500	£239,690	29% below HPI
1997 25 APR	£64,950	£86,883	25% below HPI

6 MARGARET 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 6 MARGARET CLOSE sales between April 1997 and August 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 January 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 MARGARET CLOSE be worth now?

6 MARGARET CLOSE might now be worth an estimated £345,487.

This is based on house price inflation of 38.2%, between August 2016 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 38.2% inflationary increase is applied to the most recent sale price for 6 MARGARET CLOSE of £249,950 on 19th August 2016. For the value to have increased from £249,950 to £345,487 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 6 MARGARET CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 6 MARGARET CLOSE has not materially changed since August 2016.

How Large is 6 MARGARET CLOSE?

6 MARGARET CLOSE is 67m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 6 MARGARET CLOSE lies on this distribution: 6% of detached houses houses are smaller than 6 MARGARET CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

6 MARGARET CLOSE: Plot and Title Map

6 MARGARET CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 6 MARGARET 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 6 MARGARET 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 6 MARGARET CLOSE?

6 MARGARET CLOSE is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 6 on MARGARET CLOSE.