6, SOUTHBANK, RUNDLE ROAD, NEWTON ABBOT, TQ12 2PY - £260,000

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.

6 SOUTHBANK is a small semi-detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £256,040. It was last sold for £260,000 in October 2022, which was around 17% below the average October 2022 semi-detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

6 SOUTHBANK Sold Prices

Land registry data shows two sales for 6 SOUTHBANK 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. One of the two 6 SOUTHBANK sales was for below the average price, whilst the other was roughly equal to 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
2022 24 OCT	£260,000	£314,568	17% below HPI
1996 27 SEP	£53,500	£53,488	Close to HPI

6 SOUTHBANK 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 6 SOUTHBANK sales from September 1996 and October 2022 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 6 SOUTHBANK be worth now?

6 SOUTHBANK might now be worth an estimated £256,040.

This is based on house price deflation of 1.5%, between October 2022 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 1.5% deflationary decrease is applied to the most recent sale price for 6 SOUTHBANK of £260,000 on 24th October 2022. For the value to have decreased from £260,000 to £256,040 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 SOUTHBANK has moved in line with the HPI for semi-detached houses in the Teignbridge local authority area.
• The October 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SOUTHBANK has not materially changed since October 2022.

How Large is 6 SOUTHBANK?

6 SOUTHBANK is 93m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of semi-detached houses houses in Newton Abbot, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Abbot, and where 6 SOUTHBANK lies on this distribution: 28% of semi-detached houses houses are smaller than 6 SOUTHBANK, and 72% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

6 SOUTHBANK: Plot and Title Map

6 SOUTHBANK sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 6 SOUTHBANK, 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 6 SOUTHBANK). 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 6 SOUTHBANK?

6 SOUTHBANK is located on RUNDLE ROAD in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of 6 SOUTHBANK on RUNDLE ROAD.