# 3 bedroom detached house for sale (TQ13 8AZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15 LOWER STREET, NEWTON ABBOT, CHAGFORD, DEVON TQ13 8AZ |
| Price | £585,000 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Last sold | £231,000 Oct 2008 |

## Description

AVAILABLE TO VIEW FRI-SUN 11am-4pm. Plot 15 is a luxury detached 3 bedroom home with garage built by Blue Cedar Homes. Private and communal gardens. Designed specifically for the over 55s and set within landscaped gardens.

**Situation** - Stannary Gardens is situated within walking distance of the centre of the sought after moorland town of Chagford. The ancient stannary town offers a wide variety of day to day specialist shops, primary school, Montessori pre-school, parish church, doctor and dentist surgeries, library, pubs and hotels. There are excellent sports facilities including a football pitch, cricket pitch with pavilion, bowling club and seasonal open air swimming pool.

The town is easily accessed via the A30 dual carriageway, which is four miles away at Whiddon Down with Cornwall in the west and the university and cathedral city of Exeter approximately twenty miles to the east. Exeter offers a wide range of amenities befitting a centre of its importance including excellent shopping, dining, theatre and recreational pursuits. Exeter has two mainline railway stations on the London Waterloo and Paddington lines. Exeter International Airport lies about four miles east of the city.

Due to its position within the Dartmoor National Park, there are many thousands of beautiful unspoilt moorland acres in which to enjoy a wide range of outdoor pursuits including walking, riding, cycling and fishing.

**Description** - Part of a new development of 15 age-exclusive homes for the over 55s, Plot 15 is a detached 3 bedroom home comprising  sitting / dining room, luxurious, fully equipped kitchen with Neff appliances and granite surfaces, dining room / bedroom 3, ground floor shower room, 2 first floor bedrooms (both en suite), study plus garden, garage and off road parking.

There is underfloor heating to the ground floor and all bathrooms.

A feature of the development isa landscaped and attractively lit communal garden with a summerhouse for all to enjoy.

Included in the annual service charge is a visiting Estate Manager who is responsible for the general wellbeing and security of the development, including estate maintenance, caring for the private and communal gardens, external window cleaning and waste management.

**Directions** - From Exeter proceed on the A30 dual carriageway west towards Okehampton exiting at Whiddon Down. Proceed through the village and at the next roundabout, turn left onto the A382 signposted Moretonhampstead and Chagford. Continue on this road for approximately 2 miles to Easton Cross and turn right signposted Chagford. Proceed into the town passing the garage on the left and the school on the right. Stannary Gardens can be found on the left hand side before reaching the town square.

These particulars are a guide only and should not be relied upon for any purpose.

## Property Photos

- ![Photo](/listings/photos/58349635/729613)
- ![Photo](/listings/photos/58349635/729618)
- ![Photo](/listings/photos/58349635/729623)
- ![Photo](/listings/photos/58349635/729629)
- ![Photo](/listings/photos/58349635/729635)
- ![Photo](/listings/photos/58349635/729640)
- ![Photo](/listings/photos/58349635/729655)
- ![Photo](/listings/photos/58349635/729659)
- ![Photo](/listings/photos/58349635/729667)
- ![Photo](/listings/photos/58349635/729674)

## Floorplans

- ![Floorplan 1](/listings/photos/58349635/729676) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/58349635/729680) - EPC 1
- ![EPC 2](/listings/photos/58349635/729683) - EPC 2

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #16760136
- **Address:** 15 Lower Street, Chagford, TQ13 8AZ
- **Certificate Issued:** 17/04/2025
- **Work Completed:** 21/03/2025
- **Items:** 1 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £231,000 | 28/10/2008 | Terraced |
| 15 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £260,000 | 04/10/2004 | Terraced |
| 15 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £132,500 | 14/09/2001 | Terraced |
| 15 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £72,500 | 22/03/2000 | 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 |
|---------|-------|------|------|
| 1 PROUSE AVENUE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FL | £475,000 | 05/01/2026 | Detached |
| [Same street] 29 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £200,000 | 01/05/2025 | Terraced |
| [Same street] 3 - 5 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £750,000 | 12/03/2025 | Detached |
| [Same street] 7 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £322,000 | 12/06/2023 | Terraced |
| [Same street] 20 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £290,000 | 06/03/2023 | Terraced |
| [Same street] 31 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £285,000 | 14/12/2022 | Terraced |
| [Same street] 30 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £220,000 | 01/12/2022 | Terraced |
| 15 HARES CLOSE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FG | £660,000 | 29/11/2022 | Detached |
| 16 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £530,000 | 27/05/2022 | Detached |
| 10 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £535,000 | 01/04/2022 | Detached |
| 31 LAMB PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DN | £350,000 | 11/02/2022 | Detached |
| [Same street] 34 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £216,000 | 01/02/2022 | Terraced |
| 5 DROVERS LANE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FQ | £499,950 | 17/12/2021 | Detached |
| ARDGROOM VALLEY VIEW, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8BU | £670,000 | 10/12/2021 | Detached |
| 3 BRETTEVILLE CLOSE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DW | £380,000 | 30/11/2021 | Detached |
| 8 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £499,950 | 29/11/2021 | Detached |
| 4 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £405,000 | 26/11/2021 | Detached |
| 6 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £530,000 | 25/11/2021 | Detached |
| [Same street] 28 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £270,000 | 28/10/2021 | Terraced |
| [Same street] 2 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £570,000 | 30/09/2021 | Other |
| [Same street] 16 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £222,500 | 30/09/2021 | Terraced |
| 32 LAMB PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DN | £375,000 | 30/09/2021 | Detached |
| 2 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £399,950 | 30/09/2021 | Detached |
| [Same street] 42 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £150,000 | 15/09/2021 | Terraced |
| 27 ELLIS DRIVE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FN | £435,000 | 03/09/2021 | Detached |
| [Same street] 32 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £207,500 | 20/08/2021 | Terraced |
| 7 DROVERS LANE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FQ | £499,950 | 16/08/2021 | Detached |

**Street average:** £308,583 (12 sales)
**Area average:** £482,987 (15 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £622,269 (39 Detached, TQ13, 2024–2026)
- **Deviation:** -6%

## 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):** £838/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Flat, Chagford, TQ13 | £1,250/mo | 3 | 0.27 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.21% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 2.6%
- **Cost-to-rent:** 39×
- **Monthly cashflow:** £-1,204/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -8.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 54.3%
- **10y growth:** 71.9%

## House Price Index (HM Land Registry)

*Official index for West Devon; Detached series; as of March 2026.*

- **1y growth (index):** 6.4%
- **5y growth (index):** 19.8%
- **10y growth (index):** 44.4%

## 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)