DOWNSLEY, FAIRWATER CLOSE, KINGSTEIGNTON, NEWTON ABBOT, TQ12 3DB - £350,000

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.

DOWNSLEY is a large detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £404,313. It was last sold for £350,000 in October 2020, which was around 12% below the average October 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

DOWNSLEY Sold Prices

Land registry data shows two sales for DOWNSLEY 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 DOWNSLEY 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 21 OCT	£350,000	£396,437	12% below HPI
2017 23 MAY	£319,950	£352,240	9% below HPI

DOWNSLEY 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 DOWNSLEY sales from May 2017 and October 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 May 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might DOWNSLEY be worth now?

DOWNSLEY might now be worth an estimated £404,313.

This is based on house price inflation of 15.5%, between October 2020 and April 2026, 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 15.5% inflationary increase is applied to the most recent sale price for DOWNSLEY of £350,000 on 21st October 2020. For the value to have increased from £350,000 to £404,313 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of DOWNSLEY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of DOWNSLEY has not materially changed since October 2020.

How Large is DOWNSLEY?

DOWNSLEY is 114m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses houses in Kingsteignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingsteignton, and where DOWNSLEY lies on this distribution: 60% of detached houses houses are smaller than DOWNSLEY, and 39% of houses are larger. Note that EPC data is not available for all properties in Kingsteignton.

DOWNSLEY: Plot and Title Map

DOWNSLEY sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of DOWNSLEY, 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 DOWNSLEY). 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 DOWNSLEY?

DOWNSLEY is located on FAIRWATER CLOSE in KINGSTEIGNTON, in the TQ12 postcode district. The below map shows the position of DOWNSLEY on FAIRWATER CLOSE.