Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 FAIR OAKS is a very large extended detached house of 194m², built sometime between 2003 and 2006. It was last sold for £555,000 in February 2023, which was around 19% above the average February 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 7 FAIR OAKS 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. One of the two 7 FAIR OAKS sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 28 FEB | £555,000 | £468,068 | 19% above HPI |
2004 12 JUL | £90,000 | £252,969 | 64% 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 7 FAIR OAKS sales from July 2004 and February 2023 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 July 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the February 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
7 FAIR OAKS is 194m², which includes four extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where 7 FAIR OAKS lies on this distribution: 94% of detached houses are smaller than 7 FAIR OAKS, and 6% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.
7 FAIR OAKS sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 FAIR OAKS, 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 7 FAIR OAKS). 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.
7 FAIR OAKS is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 7 on FAIR OAKS.