38, DRAKE AVENUE, TEIGNMOUTH, TQ14 9NA - £280,000

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.

38 DRAKE AVENUE is a midsized detached house of 113m², which could now be worth an estimated £384,137. It was last sold for £280,000 in April 2016, which was around 18% below the average April 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

38 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 38 DRAKE 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 38 DRAKE 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
2016 22 APR	£280,000	£340,737	18% below HPI
2012 29 JUN	£275,000	£285,551	4% below HPI

38 DRAKE 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 38 DRAKE AVENUE sales from June 2012 and April 2016 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 June 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 DRAKE AVENUE be worth now?

38 DRAKE AVENUE might now be worth an estimated £384,137.

This is based on house price inflation of 37.2%, between April 2016 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 37.2% inflationary increase is applied to the most recent sale price for 38 DRAKE AVENUE of £280,000 on 22nd April 2016. For the value to have increased from £280,000 to £384,137 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 38 DRAKE AVENUE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The April 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 38 DRAKE AVENUE has not materially changed since April 2016.

How Large is 38 DRAKE AVENUE?

38 DRAKE AVENUE is 113m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% 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 38 DRAKE AVENUE lies on this distribution: 56% of detached houses houses are smaller than 38 DRAKE AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

38 DRAKE AVENUE: Plot and Title Map

38 DRAKE AVENUE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 38 DRAKE 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 38 DRAKE 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 38 DRAKE AVENUE?

38 DRAKE AVENUE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 38 on DRAKE AVENUE.