2, GRENVILLE CLOSE, STOKENHAM, KINGSBRIDGE, TQ7 2SY - £255,000

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 GRENVILLE CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £367,738. It was last sold for £255,000 in July 2015, which was around 37% below the average July 2015 detached price in the South Hams local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was B.

2 GRENVILLE CLOSE Sold Prices

Land registry data shows two sales for 2 GRENVILLE 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 South Hams local authority area for the corresponding sale date. Both of the two 2 GRENVILLE 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
2015 28 JUL	£255,000	£404,778	37% below HPI
1998 15 JAN	£110,000	£117,138	6% below HPI

2 GRENVILLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 2 GRENVILLE CLOSE sales from January 1998 and July 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 January 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 GRENVILLE CLOSE be worth now?

2 GRENVILLE CLOSE might now be worth an estimated £367,738.

This is based on house price inflation of 44.2%, between July 2015 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.2% inflationary increase is applied to the most recent sale price for 2 GRENVILLE CLOSE of £255,000 on 28th July 2015. For the value to have increased from £255,000 to £367,738 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 2 GRENVILLE CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRENVILLE CLOSE has not materially changed since July 2015.

How Large is 2 GRENVILLE CLOSE?

2 GRENVILLE CLOSE is 73m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Stokenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stokenham, and where 2 GRENVILLE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 GRENVILLE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stokenham.

2 GRENVILLE CLOSE: Plot and Title Map

2 GRENVILLE CLOSE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 2 GRENVILLE 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 GRENVILLE 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 GRENVILLE CLOSE?

2 GRENVILLE CLOSE is located in STOKENHAM, in the TQ7 postcode district. The below map shows the position of No. 2 on GRENVILLE CLOSE.