3, BEAL FARM MEWS, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TQ13 0HR - £177,000

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.

3 BEAL FARM MEWS is a very small semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £265,582. It was last sold for £177,000 in February 2015, which was around 14% below the average February 2015 semi-detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 BEAL FARM MEWS Sold Prices

Land registry data shows two sales for 3 BEAL FARM MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 3 BEAL FARM MEWS 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
2015 23 FEB	£177,000	£206,454	14% below HPI
2005 1 AUG	£149,000	£179,605	17% below HPI

3 BEAL FARM MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two 3 BEAL FARM MEWS sales from August 2005 and February 2015 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 BEAL FARM MEWS be worth now?

3 BEAL FARM MEWS might now be worth an estimated £265,582.

This is based on house price inflation of 50%, between February 2015 and February 2025, for semi-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 50% inflationary increase is applied to the most recent sale price for 3 BEAL FARM MEWS of £177,000 on 23rd February 2015. For the value to have increased from £177,000 to £265,582 over the ten years to February 2025, the following assumptions must hold true:

• The value of 3 BEAL FARM MEWS has moved in line with the HPI for semi-detached houses in the Teignbridge local authority area.
• The February 2015 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BEAL FARM MEWS has not materially changed since February 2015.

How Large is 3 BEAL FARM MEWS?

3 BEAL FARM MEWS is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of semi-detached houses houses in Chudleigh Knighton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chudleigh Knighton, and where 3 BEAL FARM MEWS lies on this distribution: 16% of semi-detached houses houses are smaller than 3 BEAL FARM MEWS, and 84% of houses are larger. Note that EPC data is not available for all properties in Chudleigh Knighton.

3 BEAL FARM MEWS: Plot and Title Map

3 BEAL FARM MEWS sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 3 BEAL FARM MEWS, 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 3 BEAL FARM MEWS). 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 3 BEAL FARM MEWS?

3 BEAL FARM MEWS is located in CHUDLEIGH KNIGHTON, in the TQ13 postcode district. The below map shows the position of No. 3 on BEAL FARM MEWS.