8, LOWER FERN ROAD, NEWTON ABBOT, TQ12 4TQ - £345,000

8 LOWER FERN ROAD is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £345,000 in August 2022, which was around 29% below the average August 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

8 LOWER FERN ROAD Sold Prices

Land registry data shows three sales for 8 LOWER FERN 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. Two of the three 8 LOWER FERN ROAD sales were for below the average price, whilst one was for above 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 8 AUG	£345,000	£488,571	29% below HPI
2014 6 JUN	£230,000	£305,878	25% below HPI
1995 14 JUN	£75,000	£72,344	4% above HPI

8 LOWER FERN 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 8 LOWER FERN ROAD sales between June 1995 and August 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 June 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 LOWER FERN ROAD?

8 LOWER FERN ROAD is 73m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 8 LOWER FERN ROAD lies on this distribution: 10% of detached houses are smaller than 8 LOWER FERN ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

8 LOWER FERN ROAD: Plot and Title Map

8 LOWER FERN ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 8 LOWER FERN 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 8 LOWER FERN 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 8 LOWER FERN ROAD?

8 LOWER FERN ROAD is located in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of No. 8 on LOWER FERN ROAD.