3, LAUREL LANE, SHALDON, TEIGNMOUTH, TQ14 0AL - £620,000

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.

3 LAUREL LANE is a large extended detached house of 176m², built sometime between 1967 and 1975, which could now be worth an estimated £784,616. It was last sold for £620,000 in June 2019, which was around 67% above the average June 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 LAUREL LANE Sold Prices

Land registry data shows two sales for 3 LAUREL LANE 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. One of the two 3 LAUREL LANE sales was for above the average price, whilst the other was 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
2019 24 JUN	£620,000	£371,805	67% above HPI
2004 15 NOV	£248,000	£269,257	8% below HPI

3 LAUREL LANE 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 LAUREL LANE sales from November 2004 and June 2019 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 November 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 3 LAUREL LANE be worth now?

3 LAUREL LANE might now be worth an estimated £784,616.

This is based on house price inflation of 26.6%, between June 2019 and June 2025, for detached 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 26.6% inflationary increase is applied to the most recent sale price for 3 LAUREL LANE of £620,000 on 24th June 2019. For the value to have increased from £620,000 to £784,616 over the six years to June 2025, the following assumptions must hold true:

• The value of 3 LAUREL LANE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2019 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAUREL LANE has not materially changed since June 2019.

How Large is 3 LAUREL LANE?

3 LAUREL LANE is 176m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses houses in Shaldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaldon, and where 3 LAUREL LANE lies on this distribution: 72% of detached houses houses are smaller than 3 LAUREL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Shaldon.

3 LAUREL LANE: Plot and Title Map

3 LAUREL LANE sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of 3 LAUREL LANE, 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 LAUREL LANE). 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 LAUREL LANE?

3 LAUREL LANE is located in SHALDON, in the TQ14 postcode district. The below map shows the position of No. 3 on LAUREL LANE.