3, QUARRY CLOSE, TOTNES, TQ9 5FA - £255,000

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 QUARRY CLOSE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £241,876. It was last sold for £255,000 in September 2023, which was around 16% below the average September 2023 terraced price in the South Hams local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

3 QUARRY CLOSE Sold Prices

Land registry data shows four sales for 3 QUARRY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Hams local authority area for the corresponding sale date. All of the four 3 QUARRY 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
2023 13 SEP	£255,000	£303,661	16% below HPI
2022 15 AUG	£270,000	£311,832	13% below HPI
2020 17 AUG	£185,000	£244,549	24% below HPI
2018 23 NOV	£170,000	£244,084	30% below HPI

3 QUARRY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Hams local authority area over time, sourced from the HPI. The four 3 QUARRY CLOSE sales between November 2018 and September 2023 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 2022 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 QUARRY CLOSE be worth now?

3 QUARRY CLOSE might now be worth an estimated £241,876.

This is based on house price deflation of 5.1%, between September 2023 and May 2026, for terraced 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 5.1% deflationary decrease is applied to the most recent sale price for 3 QUARRY CLOSE of £255,000 on 13th September 2023. For the value to have decreased from £255,000 to £241,876 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 3 QUARRY CLOSE has moved in line with the HPI for terraced houses in the South Hams local authority area.
• The September 2023 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 QUARRY CLOSE has not materially changed since September 2023.

How Large is 3 QUARRY CLOSE?

3 QUARRY CLOSE is 58m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of terraced houses houses in Totnes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Totnes, and where 3 QUARRY CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 3 QUARRY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Totnes.

3 QUARRY CLOSE: Plot and Title Map

3 QUARRY CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 QUARRY 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 QUARRY 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 QUARRY CLOSE?

3 QUARRY CLOSE is located in TOTNES, in the TQ9 postcode district. The below map shows the position of No. 3 on QUARRY CLOSE.