16, GREAT PARK CLOSE, BISHOPSTEIGNTON, TEIGNMOUTH, TQ14 9FD - £540,000

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.

16 GREAT PARK CLOSE is a small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £525,765. It was last sold for £540,000 in October 2022, which was around 11% above the average October 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 GREAT PARK CLOSE Sold Prices

Land registry data shows three sales for 16 GREAT PARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 16 GREAT PARK CLOSE sales were for above 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
2022 25 OCT	£540,000	£486,807	11% above HPI
2020 4 DEC	£450,000	£404,654	11% above HPI
2010 31 AUG	£320,000	£299,713	7% above HPI

16 GREAT PARK CLOSE 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 three 16 GREAT PARK CLOSE sales between August 2010 and October 2022 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 December 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, which was also at 11% above the HPI.

What might 16 GREAT PARK CLOSE be worth now?

16 GREAT PARK CLOSE might now be worth an estimated £525,765.

This is based on house price deflation of 2.6%, between October 2022 and March 2025, 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 2.6% deflationary decrease is applied to the most recent sale price for 16 GREAT PARK CLOSE of £540,000 on 25th October 2022. For the value to have decreased from £540,000 to £525,765 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 16 GREAT PARK CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GREAT PARK CLOSE has not materially changed since October 2022.

How Large is 16 GREAT PARK CLOSE?

16 GREAT PARK CLOSE is 87m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Bishopsteignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishopsteignton, and where 16 GREAT PARK CLOSE lies on this distribution: 21% of detached houses houses are smaller than 16 GREAT PARK CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bishopsteignton.

16 GREAT PARK CLOSE: Plot and Title Map

16 GREAT PARK CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 16 GREAT PARK 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 16 GREAT PARK 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 16 GREAT PARK CLOSE?

16 GREAT PARK CLOSE is located in BISHOPSTEIGNTON, in the TQ14 postcode district. The below map shows the position of No. 16 on GREAT PARK CLOSE.