16, LAKE AVENUE, TEIGNMOUTH, TQ14 9LL - £310,000

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 LAKE AVENUE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £305,140. It was last sold for £310,000 in July 2022, which was around 35% below the average July 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.

16 LAKE AVENUE Sold Prices

Land registry data shows five sales for 16 LAKE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the five 16 LAKE AVENUE 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
2022 26 JUL	£310,000	£474,908	35% below HPI
2021 15 SEP	£245,000	£420,601	42% below HPI
2016 12 SEP	£190,000	£347,489	45% below HPI
2007 4 JAN	£158,000	£297,159	47% below HPI
1996 24 DEC	£47,000	£90,363	48% below HPI

16 LAKE AVENUE 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 five 16 LAKE AVENUE sales between December 1996 and July 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 September 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 16 LAKE AVENUE be worth now?

16 LAKE AVENUE might now be worth an estimated £305,140.

This is based on house price deflation of 1.6%, between July 2022 and February 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 1.6% deflationary decrease is applied to the most recent sale price for 16 LAKE AVENUE of £310,000 on 26th July 2022. For the value to have decreased from £310,000 to £305,140 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 16 LAKE AVENUE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The July 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAKE AVENUE has not materially changed since July 2022.

How Large is 16 LAKE AVENUE?

16 LAKE AVENUE is 76m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 16 LAKE AVENUE lies on this distribution: 19% of detached houses houses are smaller than 16 LAKE AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

16 LAKE AVENUE: Plot and Title Map

16 LAKE AVENUE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 16 LAKE AVENUE, 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 LAKE AVENUE). 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 LAKE AVENUE?

16 LAKE AVENUE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 16 on LAKE AVENUE.