3, MELDRUM CLOSE, DAWLISH, EX7 9JL - £300,000

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

3 MELDRUM CLOSE is a small extended detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £342,176. It was last sold for £300,000 in June 2021, which was around 27% below the average June 2021 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

3 MELDRUM CLOSE Sold Prices

Land registry data shows two sales for 3 MELDRUM 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 Teignbridge local authority area for the corresponding sale date. Both of the two 3 MELDRUM CLOSE 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
2021 28 JUN	£300,000	£411,472	27% below HPI
1996 9 FEB	£64,000	£76,058	16% below HPI

3 MELDRUM 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 two 3 MELDRUM CLOSE sales from February 1996 and June 2021 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 February 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 MELDRUM CLOSE be worth now?

3 MELDRUM CLOSE might now be worth an estimated £342,176.

This is based on house price inflation of 14.1%, between June 2021 and December 2024, 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 14.1% inflationary increase is applied to the most recent sale price for 3 MELDRUM CLOSE of £300,000 on 28th June 2021. For the value to have increased from £300,000 to £342,176 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 3 MELDRUM CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MELDRUM CLOSE has not materially changed since June 2021.

How Large is 3 MELDRUM CLOSE?

3 MELDRUM CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses houses in Dawlish, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dawlish, and where 3 MELDRUM CLOSE lies on this distribution: 28% of detached houses houses are smaller than 3 MELDRUM CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Dawlish.

3 MELDRUM CLOSE: Plot and Title Map

3 MELDRUM CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 MELDRUM 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 3 MELDRUM 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 3 MELDRUM CLOSE?

3 MELDRUM CLOSE is located in DAWLISH, in the EX7 postcode district. The below map shows the position of No. 3 on MELDRUM CLOSE.