MAREL, CANADA HILL, OGWELL, NEWTON ABBOT, TQ12 6AF - £230,000

MAREL is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £230,000 in May 2020, which was around 38% below the average May 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was D.

MAREL Sold Prices

Land registry data shows two sales for MAREL 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 MAREL 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
2020 12 MAY	£230,000	£371,871	38% below HPI
2018 1 OCT	£171,000	£365,840	53% below HPI

MAREL 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 MAREL sales from October 2018 and May 2020 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 October 2018 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is MAREL?

MAREL is 115m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% 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 MAREL lies on this distribution: 52% of detached houses are smaller than MAREL, and 47% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

MAREL: Plot and Title Map

MAREL sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of MAREL, 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 MAREL). 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 MAREL?

MAREL is located on CANADA HILL in OGWELL, in the TQ12 postcode district. The below map shows the position of MAREL on CANADA HILL.