# 2 bedroom terraced house for sale (TQ13 8AZ) ## Property Details | Key | Value | |-----|-------| | Address | 40 LOWER STREET, NEWTON ABBOT, CHAGFORD, DEVON TQ13 8AZ | | Price | £260,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Construction age | England and Wales: before 1900 | | Floor area | 110 m² | | Last sold | £56,000 Jan 2000 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 27/03/2035 - **Current heating cost:** £1,363/year - **Est. upgrade cost to C:** £23,500 ### Recommendations - Q (£4,000 - £14,000) - W2 (£4,000 - £6,000) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/1235-2427-7000-0548-8226) ## Description 40 Lower Street is set in a quiet spot, off road, yet close to amenities. It is a stone built cottage which is not listed and has been improved to offer cosy, gas centrally heated accommodation with double glazed windows. It shares an entrance with the neighbouring cottage and has a living room with a gas wood burner effect stove, a bijou but surprisingly well fitted kitchen, a ground floor shower room/w.c., whilst upstairs there is a bathroom and a double and single bedroom. At the front is a cottage garden and to the rear there is a small yard. This cottage is cosy and comfy. Fowlers recommend viewing. ## Property Photos - ![Photo 10](/listings/photos/120900386/729621) - Photo 10 - ![Photo 9](/listings/photos/120900386/729626) - Photo 9 - ![Photo 7](/listings/photos/120900386/729632) - Photo 7 - ![Photo 10](/listings/photos/120900386/729639) - Photo 10 - ![Photo 10](/listings/photos/120900386/729652) - Photo 10 - ![Photo 15](/listings/photos/120900386/729657) - Photo 15 - ![Photo 11](/listings/photos/120900386/729663) - Photo 11 - ![Photo 9](/listings/photos/120900386/729670) - Photo 9 - ![Photo 10](/listings/photos/120900386/729678) - Photo 10 ## Floorplans - ![Floorplan 1](/listings/photos/120900386/729681) - Floorplan 1 ## EPC Graphs - ![Energy Perform...](/listings/photos/120900386/729685) - Energy Perform... ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 40 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £56,000 | 10/01/2000 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 29 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £200,000 | 01/05/2025 | Terraced | | ROWAN COTTAGE, 4 MOOR PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8BY | £255,500 | 14/12/2023 | Terraced | | 7 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £322,000 | 12/06/2023 | Terraced | | 11 LAMB PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DN | £330,000 | 27/03/2023 | Terraced | | 20 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £290,000 | 06/03/2023 | Terraced | | 15 TURNLAKE ROAD, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FF | £121,600 | 01/03/2023 | Terraced | | 31 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £285,000 | 14/12/2022 | Terraced | | 30 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £220,000 | 01/12/2022 | Terraced | | 31 ELLIS DRIVE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FN | £399,950 | 11/11/2022 | Terraced | | JUNIPER COTTAGE, 7 MOOR PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8BY | £321,000 | 28/10/2022 | Terraced | | 4 ORCHARD TERRACE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AU | £850,000 | 20/10/2022 | Terraced | | 36 THE SQUARE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AB | £140,000 | 07/07/2022 | Terraced | | 5 BRETTEVILLE CLOSE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DW | £240,000 | 24/06/2022 | Terraced | | 4 DRIFT WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FT | £388,000 | 30/05/2022 | Terraced | | 2 DRIFT WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FT | £378,000 | 27/05/2022 | Terraced | | 30 ORCHARD MEADOW, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8BP | £295,000 | 03/03/2022 | Terraced | | 10 THE SQUARE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AB | £330,000 | 28/02/2022 | Terraced | | 34 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £216,000 | 01/02/2022 | Terraced | | 16 LAMB PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DN | £350,000 | 28/01/2022 | Terraced | | 23 ELLIS DRIVE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FN | £359,950 | 17/12/2021 | Terraced | **Area average:** £314,600 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £259,773 (22 Terraced, TQ13, 2024–2026) - **Deviation:** +0.1% ## Rental Range *ONS Price Index of Private Rents (West Devon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £755/mo - **Realistic:** £839/mo - **Optimistic:** £923/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for South Devon (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £673/mo ## 1% Rule - **Rent ratio:** 0.32% (weak for cashflow) - **Max investor price (0.8%):** £104,875 - **Target investor price (1%):** £83,900 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £2,364/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -7.8% - **10y growth:** 25.8% ## House Price Index (HM Land Registry) *Official index for West Devon; Terraced series; as of March 2026.* - **1y growth (index):** 6.1% - **5y growth (index):** 19.8% - **10y growth (index):** 46% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)