2, MARGARET CLOSE, OGWELL, NEWTON ABBOT, TQ12 6BX - £217,500

2 MARGARET CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £217,500 in July 2005, which was around 17% below the average July 2005 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 MARGARET CLOSE Sold Prices

Land registry data shows two sales for 2 MARGARET CLOSE 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 2 MARGARET 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
2005 28 JUL	£217,500	£262,611	17% below HPI
2003 31 JUL	£165,000	£220,767	25% below HPI

2 MARGARET 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 two 2 MARGARET CLOSE sales from July 2003 and July 2005 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2005 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 MARGARET CLOSE?

2 MARGARET CLOSE is 76m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 2 MARGARET CLOSE lies on this distribution: 12% of detached houses are smaller than 2 MARGARET CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

2 MARGARET CLOSE: Plot and Title Map

2 MARGARET CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 2 MARGARET 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 2 MARGARET 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 2 MARGARET CLOSE?

2 MARGARET CLOSE is located in OGWELL, in the TQ12 postcode district. The below map shows the position of No. 2 on MARGARET CLOSE.