2, BROAD DOWN CLOSE, MALBOROUGH, KINGSBRIDGE, TQ7 3FA - £500,000

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.

2 BROAD DOWN CLOSE is a midsized detached house of 135m², built in 2020, which could now be worth an estimated £539,711. It was last sold for £500,000 in November 2020, which was around 5% below the average November 2020 detached price in the South Hams local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

2 BROAD DOWN CLOSE Sold Prices

Land registry data shows one sale for 2 BROAD DOWN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Hams local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 20 NOV	£500,000	£525,370	5% below HPI

What might 2 BROAD DOWN CLOSE be worth now?

2 BROAD DOWN CLOSE might now be worth an estimated £539,711.

This is based on house price inflation of 7.9%, between November 2020 and April 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 7.9% inflationary increase is applied to the most recent sale price for 2 BROAD DOWN CLOSE of £500,000 on 20th November 2020. For the value to have increased from £500,000 to £539,711 over the six years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 BROAD DOWN CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The November 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROAD DOWN CLOSE has not materially changed since November 2020.

How Large is 2 BROAD DOWN CLOSE?

2 BROAD DOWN CLOSE is 135m² according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Malborough, based on EPC data. The below chart shows the distribution of detached houses by size in Malborough, and where 2 BROAD DOWN CLOSE lies on this distribution: 56% of detached houses are smaller than 2 BROAD DOWN CLOSE, and 40% of detached houses are larger. Note that EPC data is not available for all properties in Malborough.

2 BROAD DOWN CLOSE: Plot

2 BROAD DOWN CLOSE sits on a plot of roughly 0.133 of an acre, or 538m².

Where is 2 BROAD DOWN CLOSE?

2 BROAD DOWN CLOSE is located in MALBOROUGH, in the TQ7 postcode district.