PARAMOOR, SOUTH ROAD, NEWTON ABBOT, TQ12 1HQ - £625,000

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

PARAMOOR is a very large extended detached house of 203m², built sometime between 1950 and 1966. It was last sold for £625,000 in May 2018, which was around 74% above the average May 2018 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

PARAMOOR Sold Prices

Land registry data shows two sales for PARAMOOR 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 PARAMOOR 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
2018 4 MAY	£625,000	£359,836	74% above HPI
2006 31 JUL	£390,000	£282,241	38% above HPI

PARAMOOR 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 PARAMOOR sales from July 2006 and May 2018 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 July 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2018 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is PARAMOOR?

PARAMOOR is 203m², which includes four extensions, according to the EPC inspection conducted in May 2017. 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 PARAMOOR lies on this distribution: 93% of detached houses are smaller than PARAMOOR, and 7% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

PARAMOOR: Plot and Title Map

PARAMOOR sits on a plot of roughly 0.286 of an acre, or 1,158m². The below map shows the location of PARAMOOR, 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 PARAMOOR). 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 PARAMOOR?

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