REDSTONE, AVENUE ROAD, BOVEY TRACEY, NEWTON ABBOT, TQ13 9BQ - £346,000

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.

REDSTONE is a large detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £564,299. It was last sold for £346,000 in September 2012, which was around 21% above the average September 2012 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

REDSTONE Sold Prices

Land registry data shows two sales for REDSTONE 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 REDSTONE 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
2012 24 SEP	£346,000	£286,625	21% above HPI
1995 13 DEC	£137,000	£77,991	76% above HPI

REDSTONE 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 REDSTONE sales from December 1995 and September 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 December 1995 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2012 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might REDSTONE be worth now?

REDSTONE might now be worth an estimated £564,299.

This is based on house price inflation of 63.1%, between September 2012 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 63.1% inflationary increase is applied to the most recent sale price for REDSTONE of £346,000 on 24th September 2012. For the value to have increased from £346,000 to £564,299 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of REDSTONE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2012 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of REDSTONE has not materially changed since September 2012.

How Large is REDSTONE?

REDSTONE is 123m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% 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 REDSTONE lies on this distribution: 63% of detached houses houses are smaller than REDSTONE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

REDSTONE: Plot and Title Map

REDSTONE sits on a plot of roughly 0.274 of an acre, or 1,109m². The below map shows the location of REDSTONE, 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 REDSTONE). 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 REDSTONE?

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