12, FRANETH CLOSE, KINGSTEIGNTON, NEWTON ABBOT, TQ12 3LX - £240,000

12 FRANETH CLOSE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £240,000 in April 2020, which was around 35% below the average April 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

12 FRANETH CLOSE Sold Prices

Land registry data shows two sales for 12 FRANETH CLOSE 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 12 FRANETH CLOSE sales were for below 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
2020 9 APR	£240,000	£370,651	35% below HPI
1996 10 MAY	£64,000	£81,208	21% below HPI

12 FRANETH CLOSE 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 12 FRANETH CLOSE sales from May 1996 and April 2020 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 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 FRANETH CLOSE?

12 FRANETH CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Kingsteignton, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsteignton, and where 12 FRANETH CLOSE lies on this distribution: 15% of detached houses are smaller than 12 FRANETH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Kingsteignton.

12 FRANETH CLOSE: Plot and Title Map

12 FRANETH CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 12 FRANETH CLOSE, 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 12 FRANETH CLOSE). 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 12 FRANETH CLOSE?

12 FRANETH CLOSE is located in KINGSTEIGNTON, in the TQ12 postcode district. The below map shows the position of No. 12 on FRANETH CLOSE.