3, WELL HILL CLOSE, MALBOROUGH, KINGSBRIDGE, TQ7 3SS - £505,000

3 WELL HILL CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £505,000 in November 2023, which was around 16% below the average November 2023 detached price in the South Hams local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 WELL HILL CLOSE Sold Prices

Land registry data shows four sales for 3 WELL HILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four 3 WELL HILL 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 3 NOV	£505,000	£604,188	16% below HPI
2021 13 APR	£405,000	£493,822	18% below HPI
2014 20 JUN	£320,000	£389,302	18% below HPI
2012 3 OCT	£290,000	£375,075	23% below HPI

3 WELL HILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four 3 WELL HILL CLOSE sales between October 2012 and November 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 April 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 WELL HILL CLOSE?

3 WELL HILL CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Malborough, based on EPC data. The below chart shows the distribution of detached houses by size in Malborough, and where 3 WELL HILL CLOSE lies on this distribution: 12% of detached houses are smaller than 3 WELL HILL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Malborough.

3 WELL HILL CLOSE: Plot and Title Map

3 WELL HILL CLOSE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 3 WELL HILL 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 WELL HILL 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 WELL HILL CLOSE?

3 WELL HILL CLOSE is located in MALBOROUGH, in the TQ7 postcode district. The below map shows the position of No. 3 on WELL HILL CLOSE.