BRIGHT LEA, LOWER KINGSDOWN ROAD, TEIGNMOUTH, TQ14 9AY - £220,000

BRIGHT LEA is a small extended detached house of 78m², built sometime between 1900 and 1929. It was last sold for £220,000 in May 2020, which was around 41% below the average May 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

BRIGHT LEA Sold Prices

Land registry data shows two sales for BRIGHT LEA 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 BRIGHT LEA 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
2020 14 MAY	£220,000	£371,871	41% below HPI
2005 8 JUL	£145,000	£262,611	45% below HPI

BRIGHT LEA 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 BRIGHT LEA sales from July 2005 and May 2020 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 July 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is BRIGHT LEA?

BRIGHT LEA is 78m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where BRIGHT LEA lies on this distribution: 21% of detached houses are smaller than BRIGHT LEA, and 79% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

BRIGHT LEA: Plot and Title Map

BRIGHT LEA sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of BRIGHT LEA, 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 BRIGHT LEA). 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 BRIGHT LEA?

BRIGHT LEA is located on LOWER KINGSDOWN ROAD in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of BRIGHT LEA on LOWER KINGSDOWN ROAD.