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

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

MAYFIELD is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £525,000 in November 2023, which was around 14% 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. All of the four MAYFIELD 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
2023 8 NOV	£525,000	£459,848	14% above HPI
2021 20 JAN	£399,950	£393,013	2% above HPI
2019 24 OCT	£393,700	£371,281	6% above HPI
1998 1 MAY	£108,000	£100,627	7% 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 was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

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 in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses by size in Bovey Tracey, and where MAYFIELD lies on this distribution: 15% of detached 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.