2, SOUTHBROOK CLOSE, BOVEY TRACEY, NEWTON ABBOT, TQ13 9GL - £455,000

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 SOUTHBROOK CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £457,093. It was last sold for £455,000 in June 2022, which was around 2% below the average June 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 SOUTHBROOK CLOSE Sold Prices

Land registry data shows three sales for 2 SOUTHBROOK 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 SOUTHBROOK CLOSE sales was for below the average price, whilst two 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
2022 27 JUN	£455,000	£465,323	2% below HPI
2011 27 APR	£296,000	£285,668	4% above HPI
1998 26 OCT	£117,950	£102,807	15% above HPI

2 SOUTHBROOK 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 SOUTHBROOK CLOSE sales between October 1998 and June 2022 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 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 SOUTHBROOK CLOSE be worth now?

2 SOUTHBROOK CLOSE might now be worth an estimated £457,093.

This is based on house price inflation of 0.5%, between June 2022 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 0.5% inflationary increase is applied to the most recent sale price for 2 SOUTHBROOK CLOSE of £455,000 on 27th June 2022. For the value to have increased from £455,000 to £457,093 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SOUTHBROOK CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHBROOK CLOSE has not materially changed since June 2022.

How Large is 2 SOUTHBROOK CLOSE?

2 SOUTHBROOK CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovey Tracey, and where 2 SOUTHBROOK CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 SOUTHBROOK CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

2 SOUTHBROOK CLOSE: Plot and Title Map

2 SOUTHBROOK CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 SOUTHBROOK 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 SOUTHBROOK 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 SOUTHBROOK CLOSE?

2 SOUTHBROOK CLOSE is located in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of No. 2 on SOUTHBROOK CLOSE.