29, DRUM WAY, HEATHFIELD, NEWTON ABBOT, TQ12 6RJ - £160,000

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.

29 DRUM WAY is a very small terraced house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £221,631. It was last sold for £160,000 in April 2016, which was around 8% below the average April 2016 terraced price in the Teignbridge local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

29 DRUM WAY Sold Prices

Land registry data shows three sales for 29 DRUM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Teignbridge local authority area for the corresponding sale date. All of the three 29 DRUM WAY 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
2016 28 APR	£160,000	£174,785	8% below HPI
2011 16 SEP	£115,000	£150,091	23% below HPI
1997 1 OCT	£36,250	£46,953	23% below HPI

29 DRUM WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Teignbridge local authority area over time, sourced from the HPI. The three 29 DRUM WAY sales between October 1997 and April 2016 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 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 29 DRUM WAY be worth now?

29 DRUM WAY might now be worth an estimated £221,631.

This is based on house price inflation of 38.5%, between April 2016 and June 2025, for terraced 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 38.5% inflationary increase is applied to the most recent sale price for 29 DRUM WAY of £160,000 on 28th April 2016. For the value to have increased from £160,000 to £221,631 over the eight years and ten months to June 2025, the following assumptions must hold true:

• The value of 29 DRUM WAY has moved in line with the HPI for terraced houses in the Teignbridge local authority area.
• The April 2016 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 29 DRUM WAY has not materially changed since April 2016.

How Large is 29 DRUM WAY?

29 DRUM WAY is 53m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Heathfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heathfield, and where 29 DRUM WAY lies on this distribution: 3% of terraced houses houses are smaller than 29 DRUM WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

29 DRUM WAY: Plot and Title Map

29 DRUM WAY sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 29 DRUM WAY, 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 29 DRUM WAY). 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 29 DRUM WAY?

29 DRUM WAY is located in HEATHFIELD, in the TQ12 postcode district. The below map shows the position of No. 29 on DRUM WAY.