2, LAMBS CLOSE, THURLESTONE, KINGSBRIDGE, TQ7 3PF - £132,500

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

2 LAMBS CLOSE is a very small detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £680,180. It was last sold for £132,500 in July 1997, which was around 18% above the average July 1997 detached price in the South Hams local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 LAMBS CLOSE Sold Prices

Land registry data shows two sales for 2 LAMBS 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 LAMBS 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
1997 18 JUL	£132,500	£112,140	18% above HPI
1996 25 JUL	£122,500	£100,585	22% above HPI

2 LAMBS 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 LAMBS CLOSE sales from July 1996 and July 1997 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 July 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 1997 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 LAMBS CLOSE be worth now?

2 LAMBS CLOSE might now be worth an estimated £680,180.

This is based on house price inflation of 413.3%, between July 1997 and December 2024, 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 413.3% inflationary increase is applied to the most recent sale price for 2 LAMBS CLOSE of £132,500 on 18th July 1997. For the value to have increased from £132,500 to £680,180 over the 26 years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 LAMBS CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 1997 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMBS CLOSE has not materially changed since July 1997.

How Large is 2 LAMBS CLOSE?

2 LAMBS CLOSE is 107m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Thurlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurlestone, and where 2 LAMBS CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 LAMBS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thurlestone.

2 LAMBS CLOSE: Plot and Title Map

2 LAMBS CLOSE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 2 LAMBS 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 LAMBS 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 LAMBS CLOSE?

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