2, TEAL CLOSE, TORQUAY, TQ2 7TB - £245,000

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.

2 TEAL CLOSE is a small extended detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £317,821. It was last sold for £245,000 in August 2016, which was around 25% below the average August 2016 detached price in the Torbay local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 TEAL CLOSE Sold Prices

Land registry data shows three sales for 2 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three 2 TEAL 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
2016 1 AUG	£245,000	£326,366	25% below HPI
2003 19 SEP	£171,000	£226,017	24% below HPI
2001 6 DEC	£125,950	£157,532	20% below HPI

2 TEAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three 2 TEAL CLOSE sales between December 2001 and August 2016 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 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 TEAL CLOSE be worth now?

2 TEAL CLOSE might now be worth an estimated £317,821.

This is based on house price inflation of 29.7%, between August 2016 and April 2026, for detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 2 TEAL CLOSE of £245,000 on 1st August 2016. For the value to have increased from £245,000 to £317,821 over the ten years and four months to April 2026, the following assumptions must hold true:

• The value of 2 TEAL CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The August 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TEAL CLOSE has not materially changed since August 2016.

How Large is 2 TEAL CLOSE?

2 TEAL CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torquay, and where 2 TEAL CLOSE lies on this distribution: 25% of detached houses houses are smaller than 2 TEAL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Torquay.

2 TEAL CLOSE: Plot and Title Map

2 TEAL CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 TEAL 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 2 TEAL 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 2 TEAL CLOSE?

2 TEAL CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 2 on TEAL CLOSE.