MAIZE HOUSE, RINGSLADE ROAD, NEWTON ABBOT, TQ12 1QF - £525,000

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

MAIZE HOUSE is a very large detached house of 234m², built sometime between 1991 and 1995, which could now be worth an estimated £720,257. It was last sold for £525,000 in April 2016, which was around 54% above the average April 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

MAIZE HOUSE Sold Prices

Land registry data shows three sales for MAIZE HOUSE 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 MAIZE HOUSE sales were for above 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 APR	£525,000	£340,737	54% above HPI
2011 9 MAY	£490,000	£288,620	70% above HPI
2005 31 MAY	£565,000	£279,297	102% above HPI

MAIZE HOUSE 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 MAIZE HOUSE sales between May 2005 and April 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 May 2011 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the April 2016 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might MAIZE HOUSE be worth now?

MAIZE HOUSE might now be worth an estimated £720,257.

This is based on house price inflation of 37.2%, between April 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 37.2% inflationary increase is applied to the most recent sale price for MAIZE HOUSE of £525,000 on 19th April 2016. For the value to have increased from £525,000 to £720,257 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of MAIZE HOUSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The April 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of MAIZE HOUSE has not materially changed since April 2016.

How Large is MAIZE HOUSE?

MAIZE HOUSE is 234m² according to the EPC inspection conducted in July 2021. This puts it in the largest 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 MAIZE HOUSE lies on this distribution: 97% of detached houses houses are smaller than MAIZE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

MAIZE HOUSE: Plot and Title Map

MAIZE HOUSE sits on a plot of roughly 0.428 of an acre, or 1,733m². The below map shows the location of MAIZE HOUSE, 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 MAIZE HOUSE). 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 MAIZE HOUSE?

MAIZE HOUSE is located on RINGSLADE ROAD in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of MAIZE HOUSE on RINGSLADE ROAD.