3, MARLDON GROVE, MARLDON, PAIGNTON, TQ3 1PN - £240,000

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 MARLDON GROVE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £260,736. It was last sold for £240,000 in August 2021, which was around 53% below the average August 2021 detached price in the South Hams local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 MARLDON GROVE Sold Prices

Land registry data shows two sales for 3 MARLDON GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 3 MARLDON GROVE 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
2021 17 AUG	£240,000	£507,748	53% below HPI
1999 4 AUG	£64,000	£139,993	54% below HPI

3 MARLDON GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 3 MARLDON GROVE sales from August 1999 and August 2021 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 August 1999 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2021 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 3 MARLDON GROVE be worth now?

3 MARLDON GROVE might now be worth an estimated £260,736.

This is based on house price inflation of 8.6%, between August 2021 and May 2026, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.6% inflationary increase is applied to the most recent sale price for 3 MARLDON GROVE of £240,000 on 17th August 2021. For the value to have increased from £240,000 to £260,736 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 3 MARLDON GROVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The August 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARLDON GROVE has not materially changed since August 2021.

How Large is 3 MARLDON GROVE?

3 MARLDON GROVE is 61m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses houses in Marldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marldon, and where 3 MARLDON GROVE lies on this distribution: 3% of detached houses houses are smaller than 3 MARLDON GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Marldon.

3 MARLDON GROVE: Plot and Title Map

3 MARLDON GROVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 MARLDON GROVE, 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 MARLDON GROVE). 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 MARLDON GROVE?

3 MARLDON GROVE is located in MARLDON, in the TQ3 postcode district. The below map shows the position of No. 3 on MARLDON GROVE.