2, LARCH CLOSE, TEIGNMOUTH, TQ14 8SD - £465,000

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 LARCH CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £657,861. It was last sold for £465,000 in October 2015, which was around 41% above the average October 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

2 LARCH CLOSE Sold Prices

Land registry data shows three sales for 2 LARCH 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. One of the three 2 LARCH CLOSE sales was for above the average price, whilst two 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 1 OCT	£465,000	£330,420	41% above HPI
2013 12 MAR	£249,950	£288,147	13% below HPI
2007 18 MAY	£245,000	£296,319	17% below HPI

2 LARCH 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 LARCH CLOSE sales between May 2007 and October 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 March 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 2 LARCH CLOSE be worth now?

2 LARCH CLOSE might now be worth an estimated £657,861.

This is based on house price inflation of 41.5%, between October 2015 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 41.5% inflationary increase is applied to the most recent sale price for 2 LARCH CLOSE of £465,000 on 1st October 2015. For the value to have increased from £465,000 to £657,861 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LARCH CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2015 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARCH CLOSE has not materially changed since October 2015.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% 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 LARCH CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 LARCH CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 2 LARCH 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 LARCH 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 LARCH CLOSE?

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