1, MARGUERITE CLOSE, NEWTON ABBOT, TQ12 1PA - £240,000

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.

1 MARGUERITE CLOSE is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £306,945. It was last sold for £240,000 in May 2018, which was around 35% below the average May 2018 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

1 MARGUERITE CLOSE Sold Prices

Land registry data shows three sales for 1 MARGUERITE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 1 MARGUERITE CLOSE 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
2018 25 MAY	£240,000	£367,901	35% below HPI
2007 3 AUG	£207,000	£304,859	32% below HPI
1997 30 APR	£69,000	£86,883	21% below HPI

1 MARGUERITE CLOSE 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 three 1 MARGUERITE CLOSE sales between April 1997 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 August 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 MARGUERITE CLOSE be worth now?

1 MARGUERITE CLOSE might now be worth an estimated £306,945.

This is based on house price inflation of 27.9%, between May 2018 and June 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 27.9% inflationary increase is applied to the most recent sale price for 1 MARGUERITE CLOSE of £240,000 on 25th May 2018. For the value to have increased from £240,000 to £306,945 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 MARGUERITE CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The May 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARGUERITE CLOSE has not materially changed since May 2018.

How Large is 1 MARGUERITE CLOSE?

1 MARGUERITE CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Abbot, and where 1 MARGUERITE CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 MARGUERITE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

1 MARGUERITE CLOSE: Plot and Title Map

1 MARGUERITE CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 MARGUERITE CLOSE, 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 1 MARGUERITE CLOSE). 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 1 MARGUERITE CLOSE?

1 MARGUERITE CLOSE is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 1 on MARGUERITE CLOSE.