FAIRBY, DECOY ROAD, NEWTON ABBOT, TQ12 1DU - £422,500

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

FAIRBY is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £422,500 in October 2023, which was around 8% below the average October 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

FAIRBY Sold Prices

Land registry data shows two sales for FAIRBY 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 FAIRBY 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
2023 11 OCT	£422,500	£461,211	8% below HPI
2018 27 MAR	£315,000	£348,620	10% below HPI

FAIRBY 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 FAIRBY sales from March 2018 and October 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 March 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FAIRBY?

FAIRBY is 97m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 FAIRBY lies on this distribution: 31% of detached houses are smaller than FAIRBY, and 68% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

FAIRBY: Plot and Title Map

FAIRBY sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of FAIRBY, 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 FAIRBY). 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 FAIRBY?

FAIRBY is located on DECOY ROAD in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of FAIRBY on DECOY ROAD.