OAKBANK, SHALDON ROAD, NEWTON ABBOT, TQ12 4AX - £540,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

OAKBANK is a very large extended detached house of 216m², built sometime before 1900. It was last sold for £540,000 in January 2024, which was around 18% above the average January 2024 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

OAKBANK Sold Prices

Land registry data shows four sales for OAKBANK 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. Most of the four OAKBANK 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
2024 29 JAN	£540,000	£458,774	18% above HPI
2017 15 JUN	£383,500	£349,231	10% above HPI
1999 20 OCT	£155,000	£113,292	37% above HPI
1996 12 JUL	£56,500	£80,975	30% below HPI

OAKBANK 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 OAKBANK sales between July 1996 and January 2024 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 June 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is OAKBANK?

OAKBANK is 216m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% 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 OAKBANK lies on this distribution: 95% of detached houses are smaller than OAKBANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

OAKBANK: Plot and Title Map

OAKBANK sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of OAKBANK, 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 OAKBANK). 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 OAKBANK?

OAKBANK is located on SHALDON ROAD in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of OAKBANK on SHALDON ROAD.