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
36 FORBES CLOSE is a large detached house of 104m², built sometime between 1991 and 1995. It was last sold for £350,000 in November 2023, which was around 24% below the average November 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 36 FORBES CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the six 36 FORBES 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 |
---|---|---|---|
2023 10 NOV | £350,000 | £459,848 | 24% below HPI |
2018 17 OCT | £250,000 | £365,840 | 32% below HPI |
2014 6 JAN | £207,000 | £292,420 | 29% below HPI |
2012 14 DEC | £194,100 | £293,561 | 34% below HPI |
2009 6 APR | £189,000 | £248,951 | 24% below HPI |
2004 23 APR | £175,000 | £245,808 | 29% below HPI |
The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The six 36 FORBES CLOSE sales between April 2004 and November 2023 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 October 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
36 FORBES CLOSE is 104m² according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 36 FORBES CLOSE lies on this distribution: 80% of detached houses are smaller than 36 FORBES CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Heathfield.
36 FORBES CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 36 FORBES 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 36 FORBES 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.
36 FORBES CLOSE is located in HEATHFIELD, in the TQ12 postcode district. The below map shows the position of No. 36 on FORBES CLOSE.