THE PENNIES, POUND STREET, MORETONHAMPSTEAD, NEWTON ABBOT, TQ13 8NX - £365,000

THE PENNIES is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £365,000 in March 2016, which was around 11% above the average March 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

THE PENNIES Sold Prices

Land registry data shows two sales for THE PENNIES 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 THE PENNIES 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
2016 30 MAR	£365,000	£328,273	11% above HPI
2014 1 MAY	£355,000	£301,933	18% above HPI

THE PENNIES 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 THE PENNIES sales from May 2014 and March 2016 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 May 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE PENNIES?

THE PENNIES is 86m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Moretonhampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Moretonhampstead, and where THE PENNIES lies on this distribution: 10% of detached houses are smaller than THE PENNIES, and 90% of houses are larger. Note that EPC data is not available for all properties in Moretonhampstead.

THE PENNIES: Plot and Title Map

THE PENNIES sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of THE PENNIES, 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 PENNIES). 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 PENNIES?

THE PENNIES is located on POUND STREET in MORETONHAMPSTEAD, in the TQ13 postcode district. The below map shows the position of THE PENNIES on POUND STREET.