8, SPEEDWELL CLOSE, NEWTON ABBOT, TQ12 1GN - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SPEEDWELL CLOSE is a midsized detached house of 116m², which could now be worth an estimated £415,002. It was last sold for £395,000 in January 2022, which was around 11% below the average January 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

8 SPEEDWELL CLOSE Sold Prices

Land registry data shows two sales for 8 SPEEDWELL CLOSE since 1^st 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 8 SPEEDWELL 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
2022 28 JAN	£395,000	£444,933	11% below HPI
2015 21 AUG	£299,995	£331,011	9% below HPI

8 SPEEDWELL 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 two 8 SPEEDWELL CLOSE sales from August 2015 and January 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 August 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 SPEEDWELL CLOSE be worth now?

8 SPEEDWELL CLOSE might now be worth an estimated £415,002.

This is based on house price inflation of 5.1%, between January 2022 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 5.1% inflationary increase is applied to the most recent sale price for 8 SPEEDWELL CLOSE of £395,000 on 28th January 2022. For the value to have increased from £395,000 to £415,002 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The January 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPEEDWELL CLOSE has not materially changed since January 2022.

How Large is 8 SPEEDWELL CLOSE?

8 SPEEDWELL CLOSE is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 8 SPEEDWELL CLOSE lies on this distribution: 54% of detached houses houses are smaller than 8 SPEEDWELL CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

8 SPEEDWELL CLOSE: Plot and Title Map

8 SPEEDWELL CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 SPEEDWELL 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 8 SPEEDWELL 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 8 SPEEDWELL CLOSE?

8 SPEEDWELL CLOSE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 8 on SPEEDWELL CLOSE.