THE ORCHARD, KNOWLE CLOSE, ASHBURTON, NEWTON ABBOT, TQ13 7RA - £445,000

THE ORCHARD is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £445,000 in April 2015, which was around 47% above the average April 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was D.

THE ORCHARD Sold Prices

Land registry data shows four sales for THE ORCHARD 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 THE ORCHARD 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
2015 1 APR	£445,000	£301,985	47% above HPI
2009 2 APR	£380,000	£248,951	53% above HPI
2007 17 DEC	£439,950	£320,653	37% above HPI
1999 14 JUL	£139,000	£112,560	23% above HPI

THE ORCHARD 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 THE ORCHARD sales between July 1999 and April 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 April 2009 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2015 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 162m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses in Ashburton, based on EPC data. The below chart shows the distribution of detached houses by size in Ashburton, and where THE ORCHARD lies on this distribution: 87% of detached houses are smaller than THE ORCHARD, and 13% of houses are larger. Note that EPC data is not available for all properties in Ashburton.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.536 of an acre, or 2,168m². The below map shows the location of THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

THE ORCHARD is located on KNOWLE CLOSE in ASHBURTON, in the TQ13 postcode district. The below map shows the position of THE ORCHARD on KNOWLE CLOSE.