2, LEONARDS CLOSE, THURLESTONE, KINGSBRIDGE, TQ7 3LE - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LEONARDS CLOSE is a very small detached house of 109m², built sometime between 1976 and 1982. It was last sold for £425,000 in September 2020, which was around 12% below the average September 2020 detached price in the South Hams local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

2 LEONARDS CLOSE Sold Prices

Land registry data shows two sales for 2 LEONARDS 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. One of the two 2 LEONARDS CLOSE sales was for below the average price, whilst the other was 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
2020 14 SEP	£425,000	£483,296	12% below HPI
1996 26 APR	£104,000	£96,557	8% above HPI

2 LEONARDS 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 LEONARDS CLOSE sales from April 1996 and September 2020 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 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 LEONARDS CLOSE?

2 LEONARDS CLOSE is 109m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Thurlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlestone, and where 2 LEONARDS CLOSE lies on this distribution: 11% of detached houses are smaller than 2 LEONARDS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Thurlestone.

2 LEONARDS CLOSE: Plot and Title Map

2 LEONARDS CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 LEONARDS 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 LEONARDS 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 LEONARDS CLOSE?

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