24, LAKE AVENUE, TEIGNMOUTH, TQ14 9LL - £187,500

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

24 LAKE AVENUE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £216,603. It was last sold for £187,500 in December 2020, which was around 54% below the average December 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

24 LAKE AVENUE Sold Prices

Land registry data shows two sales for 24 LAKE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 24 LAKE AVENUE 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
2020 18 DEC	£187,500	£404,654	54% below HPI
2019 3 JAN	£173,000	£368,324	53% below HPI

24 LAKE AVENUE 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 two 24 LAKE AVENUE sales from January 2019 and December 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 January 2019 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 24 LAKE AVENUE be worth now?

24 LAKE AVENUE might now be worth an estimated £216,603.

This is based on house price inflation of 15.5%, between December 2020 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 15.5% inflationary increase is applied to the most recent sale price for 24 LAKE AVENUE of £187,500 on 18th December 2020. For the value to have increased from £187,500 to £216,603 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 LAKE AVENUE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The December 2020 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 24 LAKE AVENUE has not materially changed since December 2020.

How Large is 24 LAKE AVENUE?

24 LAKE AVENUE is 66m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% 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 24 LAKE AVENUE lies on this distribution: 7% of detached houses houses are smaller than 24 LAKE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

24 LAKE AVENUE: Plot and Title Map

24 LAKE AVENUE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 24 LAKE AVENUE, 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 24 LAKE AVENUE). 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 24 LAKE AVENUE?

24 LAKE AVENUE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 24 on LAKE AVENUE.