MELROSE, NORTH STREET, DENBURY, NEWTON ABBOT, TQ12 6DJ - £225,000

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

MELROSE is a very small extended detached house of 66m², built sometime between 1950 and 1966. It was last sold for £225,000 in March 2012, which was around 21% below the average March 2012 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

MELROSE Sold Prices

Land registry data shows two sales for MELROSE 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 MELROSE 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
2012 2 MAR	£225,000	£284,256	21% below HPI
1998 12 JAN	£70,000	£94,872	26% below HPI

MELROSE 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 MELROSE sales from January 1998 and March 2012 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 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2012 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is MELROSE?

MELROSE is 66m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Denbury, based on EPC data. The below chart shows the distribution of detached houses by size in Denbury, and where MELROSE lies on this distribution: Less than 1% of detached houses are smaller than MELROSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Denbury.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of MELROSE, 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 MELROSE). 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 MELROSE?

MELROSE is located on NORTH STREET in DENBURY, in the TQ12 postcode district. The below map shows the position of MELROSE on NORTH STREET.