18, FAIRLEA CLOSE, DAWLISH, EX7 0NN - £225,000

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

18 FAIRLEA CLOSE is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £358,918. It was last sold for £225,000 in June 2010, which was around 23% below the average June 2010 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

18 FAIRLEA CLOSE Sold Prices

Land registry data shows two sales for 18 FAIRLEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 18 FAIRLEA 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
2010 10 JUN	£225,000	£293,045	23% below HPI
1997 15 SEP	£67,000	£96,109	30% below HPI

18 FAIRLEA 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 two 18 FAIRLEA CLOSE sales from September 1997 and June 2010 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 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2010 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 18 FAIRLEA CLOSE be worth now?

18 FAIRLEA CLOSE might now be worth an estimated £358,918.

This is based on house price inflation of 59.5%, between June 2010 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 59.5% inflationary increase is applied to the most recent sale price for 18 FAIRLEA CLOSE of £225,000 on 10th June 2010. For the value to have increased from £225,000 to £358,918 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 18 FAIRLEA CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2010 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FAIRLEA CLOSE has not materially changed since June 2010.

How Large is 18 FAIRLEA CLOSE?

18 FAIRLEA CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses houses in Dawlish, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dawlish, and where 18 FAIRLEA CLOSE lies on this distribution: 16% of detached houses houses are smaller than 18 FAIRLEA CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Dawlish.

18 FAIRLEA CLOSE: Plot and Title Map

18 FAIRLEA CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 18 FAIRLEA 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 18 FAIRLEA 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 18 FAIRLEA CLOSE?

18 FAIRLEA CLOSE is located in DAWLISH, in the EX7 postcode district. The below map shows the position of No. 18 on FAIRLEA CLOSE.