MAGNOLIA, NEW ROAD, TEIGNMOUTH, TQ14 8UD - £875,000

MAGNOLIA is a very large detached house of 402m², built sometime before 1900. It was last sold for £875,000 in August 2022, which was around 79% above the average August 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was B.

MAGNOLIA Sold Prices

Land registry data shows four sales for MAGNOLIA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four MAGNOLIA sales were 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 19 AUG	£875,000	£488,571	79% above HPI
2020 16 DEC	£685,000	£395,784	73% above HPI
2015 2 JUL	£600,000	£317,967	89% above HPI
2000 3 MAR	£240,000	£122,084	97% above HPI

MAGNOLIA 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 four MAGNOLIA sales between March 2000 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 December 2020 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2022 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is MAGNOLIA?

MAGNOLIA is 402m² according to the EPC inspection conducted in December 2012. This puts it in the largest 10% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where MAGNOLIA lies on this distribution: More than 99% of detached houses are smaller than MAGNOLIA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of MAGNOLIA, 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 MAGNOLIA). 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 MAGNOLIA?

MAGNOLIA is located on NEW ROAD in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of MAGNOLIA on NEW ROAD.