3, FRANETH CLOSE, KINGSTEIGNTON, NEWTON ABBOT, TQ12 3LX - £210,000

3 FRANETH CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £210,000 in January 2014, which was around 28% below the average January 2014 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 FRANETH CLOSE Sold Prices

Land registry data shows two sales for 3 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 3 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
2014 17 JAN	£210,000	£292,420	28% below HPI
1997 31 JAN	£57,500	£85,318	33% below HPI

3 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 3 FRANETH CLOSE sales from January 1997 and January 2014 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 January 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 FRANETH CLOSE?

3 FRANETH CLOSE is 68m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Kingsteignton, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsteignton, and where 3 FRANETH CLOSE lies on this distribution: 8% of detached houses are smaller than 3 FRANETH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Kingsteignton.

3 FRANETH CLOSE: Plot and Title Map

3 FRANETH CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 3 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 3 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 3 FRANETH CLOSE?

3 FRANETH CLOSE is located in KINGSTEIGNTON, in the TQ12 postcode district. The below map shows the position of No. 3 on FRANETH CLOSE.