HIGHTREES, HIGHWEEK VILLAGE, NEWTON ABBOT, TQ12 1QG - £470,000

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

HIGHTREES is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £470,000 in April 2021, which was around 18% above the average April 2021 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

HIGHTREES Sold Prices

Land registry data shows three sales for HIGHTREES 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. Two of the three HIGHTREES sales were for above the average price, whilst one 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
2021 6 APR	£470,000	£397,500	18% above HPI
2008 11 DEC	£230,000	£272,843	16% below HPI
1995 30 JUN	£83,000	£72,344	15% above HPI

HIGHTREES 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 HIGHTREES sales between June 1995 and April 2021 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 December 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is HIGHTREES?

HIGHTREES is 142m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 HIGHTREES lies on this distribution: 77% of detached houses are smaller than HIGHTREES, and 23% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

HIGHTREES: Plot and Title Map

HIGHTREES sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of HIGHTREES, 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 HIGHTREES). 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 HIGHTREES?

HIGHTREES is located on HIGHWEEK VILLAGE in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of HIGHTREES on HIGHWEEK VILLAGE.