2, ALDER CLOSE, TEIGNMOUTH, TQ14 8TZ - £410,000

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.

2 ALDER CLOSE is a very large detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £656,396. It was last sold for £410,000 in June 2011, which was around 40% above the average June 2011 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

2 ALDER CLOSE Sold Prices

Land registry data shows three sales for 2 ALDER 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 2 ALDER 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
2011 30 JUN	£410,000	£291,988	40% above HPI
2004 15 APR	£360,000	£251,317	43% above HPI
2002 28 FEB	£250,000	£166,717	50% above HPI

2 ALDER 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 2 ALDER CLOSE sales between February 2002 and June 2011 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 2004 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2011 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 2 ALDER CLOSE be worth now?

2 ALDER CLOSE might now be worth an estimated £656,396.

This is based on house price inflation of 60.1%, between June 2011 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 60.1% inflationary increase is applied to the most recent sale price for 2 ALDER CLOSE of £410,000 on 30th June 2011. For the value to have increased from £410,000 to £656,396 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ALDER CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2011 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALDER CLOSE has not materially changed since June 2011.

How Large is 2 ALDER CLOSE?

2 ALDER CLOSE is 182m² according to the EPC inspection conducted in September 2010. This puts it in the largest 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 2 ALDER CLOSE lies on this distribution: 91% of detached houses houses are smaller than 2 ALDER CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

2 ALDER CLOSE: Plot and Title Map

2 ALDER CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 2 ALDER 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 2 ALDER 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 2 ALDER CLOSE?

2 ALDER CLOSE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 2 on ALDER CLOSE.