47, DRUM WAY, HEATHFIELD, NEWTON ABBOT, TQ12 6RP - £124,950

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.

47 DRUM WAY is a very small terraced house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £198,571. It was last sold for £124,950 in June 2011, which was around 18% below the average June 2011 terraced price in the Teignbridge local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

47 DRUM WAY Sold Prices

Land registry data shows five sales for 47 DRUM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Teignbridge local authority area for the corresponding sale date. All of the five 47 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
2011 3 JUN	£124,950	£152,347	18% below HPI
2004 29 OCT	£119,950	£135,422	11% below HPI
2003 26 SEP	£82,500	£113,411	27% below HPI
1999 8 OCT	£42,000	£54,202	23% below HPI
1998 14 OCT	£35,000	£48,478	28% below HPI

47 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 five 47 DRUM WAY sales between October 1998 and June 2011 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 October 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 47 DRUM WAY be worth now?

47 DRUM WAY might now be worth an estimated £198,571.

This is based on house price inflation of 58.9%, between June 2011 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 58.9% inflationary increase is applied to the most recent sale price for 47 DRUM WAY of £124,950 on 3rd June 2011. For the value to have increased from £124,950 to £198,571 over the fourteen years to June 2025, the following assumptions must hold true:

• The value of 47 DRUM WAY has moved in line with the HPI for terraced houses in the Teignbridge local authority area.
• The June 2011 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 47 DRUM WAY has not materially changed since June 2011.

How Large is 47 DRUM WAY?

47 DRUM WAY is 52m² according to the EPC inspection conducted in March 2019. 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 47 DRUM WAY lies on this distribution: 3% of terraced houses houses are smaller than 47 DRUM WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

47 DRUM WAY: Plot and Title Map

47 DRUM WAY sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 47 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 47 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 47 DRUM WAY?

47 DRUM WAY is located in HEATHFIELD, in the TQ12 postcode district. The below map shows the position of No. 47 on DRUM WAY.