2, CUMBER CLOSE, MALBOROUGH, KINGSBRIDGE, TQ7 3DE - £120,000

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 CUMBER CLOSE is a terraced house, which could now be worth an estimated £244,780. It was last sold for £120,000 in November 2003, which was around 15% below the average November 2003 terraced price in the South Hams local authority area.

2 CUMBER CLOSE Sold Prices

Land registry data shows two sales for 2 CUMBER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Hams local authority area for the corresponding sale date. Both of the two 2 CUMBER 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
2003 5 NOV	£120,000	£141,204	15% below HPI
1997 20 OCT	£39,500	£59,604	34% below HPI

What might 2 CUMBER CLOSE be worth now?

2 CUMBER CLOSE might now be worth an estimated £244,780.

This is based on house price inflation of 104%, between November 2003 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 104% inflationary increase is applied to the most recent sale price for 2 CUMBER CLOSE of £120,000 on 5th November 2003. For the value to have increased from £120,000 to £244,780 over the 23 years and six months to May 2026, the following assumptions must hold true:

• The value of 2 CUMBER CLOSE has moved in line with the HPI for terraced houses in the South Hams local authority area.
• The November 2003 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CUMBER CLOSE has not materially changed since November 2003.

Where is 2 CUMBER CLOSE?

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