WELLPARK, NORTH BOVEY ROAD, MORETONHAMPSTEAD, NEWTON ABBOT, TQ13 8PA - £500,000

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.

WELLPARK is a midsized extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £604,911. It was last sold for £500,000 in August 2020, which was around 28% above the average August 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

WELLPARK Sold Prices

Land registry data shows two sales for WELLPARK 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 WELLPARK 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
2020 10 AUG	£500,000	£391,772	28% above HPI
2001 26 SEP	£205,000	£162,621	26% above HPI

WELLPARK 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 WELLPARK sales from September 2001 and August 2020 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 September 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might WELLPARK be worth now?

WELLPARK might now be worth an estimated £604,911.

This is based on house price inflation of 21%, between August 2020 and March 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 21% inflationary increase is applied to the most recent sale price for WELLPARK of £500,000 on 10th August 2020. For the value to have increased from £500,000 to £604,911 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of WELLPARK has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of WELLPARK has not materially changed since August 2020.

How Large is WELLPARK?

WELLPARK is 135m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses houses in Moretonhampstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Moretonhampstead, and where WELLPARK lies on this distribution: 53% of detached houses houses are smaller than WELLPARK, and 47% of houses are larger. Note that EPC data is not available for all properties in Moretonhampstead.

WELLPARK: Plot and Title Map

WELLPARK sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of WELLPARK, 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 WELLPARK). 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 WELLPARK?

WELLPARK is located on NORTH BOVEY ROAD in MORETONHAMPSTEAD, in the TQ13 postcode district. The below map shows the position of WELLPARK on NORTH BOVEY ROAD.