MAYFIELD, AVENUE ROAD, BOVEY TRACEY, NEWTON ABBOT, TQ13 9BQ - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAYFIELD is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £526,316. It was last sold for £525,000 in November 2023, which was around 13% above the average November 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

MAYFIELD Sold Prices

Land registry data shows four sales for MAYFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. The four MAYFIELD sales were a mix of above the average price, and roughly equal to 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 8 NOV	£525,000	£466,294	13% above HPI
2021 20 JAN	£399,950	£401,821	Close to HPI
2019 24 OCT	£393,700	£379,602	4% above HPI
1998 1 MAY	£108,000	£102,882	5% above HPI

MAYFIELD 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 four MAYFIELD sales between May 1998 and November 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 January 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might MAYFIELD be worth now?

MAYFIELD might now be worth an estimated £526,316.

This is based on house price inflation of 0.3%, between November 2023 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 0.3% inflationary increase is applied to the most recent sale price for MAYFIELD of £525,000 on 8th November 2023. For the value to have increased from £525,000 to £526,316 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of MAYFIELD has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The November 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of MAYFIELD has not materially changed since November 2023.

How Large is MAYFIELD?

MAYFIELD is 80m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovey Tracey, and where MAYFIELD lies on this distribution: 14% of detached houses houses are smaller than MAYFIELD, and 85% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on AVENUE ROAD in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of MAYFIELD on AVENUE ROAD.