RIDGEWAY, OLD TOTNES ROAD, NEWTON ABBOT, TQ12 1LR - £318,000

RIDGEWAY is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £318,000 in January 2013, which was around 9% above the average January 2013 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

RIDGEWAY Sold Prices

Land registry data shows two sales for RIDGEWAY 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 RIDGEWAY 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
2013 25 JAN	£318,000	£290,457	9% above HPI
2000 14 JUL	£155,000	£132,884	17% above HPI

RIDGEWAY 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 RIDGEWAY sales from July 2000 and January 2013 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 July 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2013 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 123m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% 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 RIDGEWAY lies on this distribution: 60% of detached houses are smaller than RIDGEWAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Newton Abbot.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

RIDGEWAY is located on OLD TOTNES ROAD in NEWTON ABBOT, in the TQ12 postcode district. The below map shows the position of RIDGEWAY on OLD TOTNES ROAD.