15, PELLEW WAY, TEIGNMOUTH, TQ14 9LT - £187,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PELLEW WAY is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £265,610. It was last sold for £187,000 in October 2015, which was around 43% below the average October 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was B.

15 PELLEW WAY Sold Prices

Land registry data shows six sales for 15 PELLEW WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the six 15 PELLEW WAY 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
2015 7 OCT	£187,000	£330,420	43% below HPI
2012 5 JUL	£168,000	£287,915	42% below HPI
2003 2 OCT	£169,000	£240,336	30% below HPI
2000 12 SEP	£82,000	£141,186	42% below HPI
1997 16 APR	£49,950	£86,883	43% below HPI
1995 17 NOV	£45,000	£76,121	41% below HPI

15 PELLEW WAY 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 six 15 PELLEW WAY sales between November 1995 and October 2015 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 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 15 PELLEW WAY be worth now?

15 PELLEW WAY might now be worth an estimated £265,610.

This is based on house price inflation of 42%, between October 2015 and December 2024, 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 42% inflationary increase is applied to the most recent sale price for 15 PELLEW WAY of £187,000 on 7th October 2015. For the value to have increased from £187,000 to £265,610 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 PELLEW WAY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2015 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PELLEW WAY has not materially changed since October 2015.

How Large is 15 PELLEW WAY?

15 PELLEW WAY is 66m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Teignmouth, and where 15 PELLEW WAY lies on this distribution: 7% of detached houses houses are smaller than 15 PELLEW WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

15 PELLEW WAY: Plot and Title Map

15 PELLEW WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 15 PELLEW WAY, 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 15 PELLEW WAY). 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 15 PELLEW WAY?

15 PELLEW WAY is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 15 on PELLEW WAY.