8, HOMERS LANE, KINGSTEIGNTON, NEWTON ABBOT, TQ12 3AE - £250,000

8 HOMERS LANE is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £250,000 in August 2015, which was around 23% below the average August 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 HOMERS LANE Sold Prices

Land registry data shows two sales for 8 HOMERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 8 HOMERS LANE 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 14 AUG	£250,000	£323,755	23% below HPI
1999 25 MAY	£84,500	£108,423	22% below HPI

8 HOMERS LANE 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 two 8 HOMERS LANE sales from May 1999 and August 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 May 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 HOMERS LANE?

8 HOMERS LANE is 86m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Kingsteignton, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsteignton, and where 8 HOMERS LANE lies on this distribution: 29% of detached houses are smaller than 8 HOMERS LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Kingsteignton.

8 HOMERS LANE: Plot and Title Map

8 HOMERS LANE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 8 HOMERS LANE, 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 8 HOMERS LANE). 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 8 HOMERS LANE?

8 HOMERS LANE is located in KINGSTEIGNTON, in the TQ12 postcode district. The below map shows the position of No. 8 on HOMERS LANE.