48, RIDGEWAY ROAD, NEWTON ABBOT, TQ12 4LS - £423,000

48 RIDGEWAY ROAD is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £423,000 in February 2023, which was around 13% below the average February 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

48 RIDGEWAY ROAD Sold Prices

Land registry data shows three sales for 48 RIDGEWAY ROAD 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 48 RIDGEWAY ROAD 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
2023 20 FEB	£423,000	£486,157	13% below HPI
2017 20 MAR	£217,000	£337,908	36% below HPI
2015 14 AUG	£210,000	£323,755	35% below HPI

48 RIDGEWAY ROAD 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 48 RIDGEWAY ROAD sales between August 2015 and February 2023 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 March 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 48 RIDGEWAY ROAD?

48 RIDGEWAY ROAD is 100m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% 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 48 RIDGEWAY ROAD lies on this distribution: 34% of detached houses are smaller than 48 RIDGEWAY ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

48 RIDGEWAY ROAD: Plot and Title Map

48 RIDGEWAY ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 48 RIDGEWAY ROAD, 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 48 RIDGEWAY ROAD). 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 48 RIDGEWAY ROAD?

48 RIDGEWAY ROAD is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 48 on RIDGEWAY ROAD.