18, PELLEW WAY, TEIGNMOUTH, TQ14 9LT - £240,000

18 PELLEW WAY is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2018, which was around 35% below the average August 2018 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

18 PELLEW WAY Sold Prices

Land registry data shows four sales for 18 PELLEW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four 18 PELLEW WAY 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
2018 31 AUG	£240,000	£370,541	35% below HPI
2016 3 JUN	£195,000	£327,380	40% below HPI
2013 31 JAN	£182,000	£290,457	37% below HPI
2010 9 NOV	£161,000	£295,690	46% below HPI

18 PELLEW WAY 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 four 18 PELLEW WAY sales between November 2010 and August 2018 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 June 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 PELLEW WAY?

18 PELLEW WAY is 76m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where 18 PELLEW WAY lies on this distribution: 19% of detached houses are smaller than 18 PELLEW WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

18 PELLEW WAY: Plot and Title Map

18 PELLEW WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 18 PELLEW WAY, 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 18 PELLEW WAY). 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 18 PELLEW WAY?

18 PELLEW WAY is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 18 on PELLEW WAY.