15, RIVER CLOSE, KINGSTEIGNTON, NEWTON ABBOT, TQ12 3SF - £183,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 RIVER CLOSE is a very small terraced house of 59m², built sometime from 2007 onwards, which could now be worth an estimated £247,756. It was last sold for £183,000 in August 2017, which was about the average August 2017 terraced price in the Teignbridge local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

15 RIVER CLOSE Sold Prices

Land registry data shows three sales for 15 RIVER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Teignbridge local authority area for the corresponding sale date. The three 15 RIVER CLOSE sales were a mix of roughly equal to the average price, and 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
2017 15 AUG	£183,000	£182,659	Close to HPI
2012 7 SEP	£145,000	£149,627	3% below HPI
2009 1 SEP	£143,995	£147,794	3% below HPI

15 RIVER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Teignbridge local authority area over time, sourced from the HPI. The three 15 RIVER CLOSE sales between September 2009 and August 2017 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 September 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 RIVER CLOSE be worth now?

15 RIVER CLOSE might now be worth an estimated £247,756.

This is based on house price inflation of 35.4%, between August 2017 and May 2026, for terraced houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 15 RIVER CLOSE of £183,000 on 15th August 2017. For the value to have increased from £183,000 to £247,756 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 15 RIVER CLOSE has moved in line with the HPI for terraced houses in the Teignbridge local authority area.
• The August 2017 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RIVER CLOSE has not materially changed since August 2017.

How Large is 15 RIVER CLOSE?

15 RIVER CLOSE is 59m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Kingsteignton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kingsteignton, and where 15 RIVER CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 15 RIVER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Kingsteignton.

15 RIVER CLOSE: Plot and Title Map

15 RIVER CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 15 RIVER 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 15 RIVER 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 15 RIVER CLOSE?

15 RIVER CLOSE is located in KINGSTEIGNTON, in the TQ12 postcode district. The below map shows the position of No. 15 on RIVER CLOSE.