5, KITS CLOSE, CHUDLEIGH, NEWTON ABBOT, TQ13 0LG - £350,000

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

5 KITS CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £350,877. It was last sold for £350,000 in November 2023, which was around 25% below the average November 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

5 KITS CLOSE Sold Prices

Land registry data shows two sales for 5 KITS 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 5 KITS 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 8 NOV	£350,000	£466,294	25% below HPI
1997 24 NOV	£65,000	£99,838	35% below HPI

5 KITS 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 5 KITS CLOSE sales from November 1997 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 November 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 KITS CLOSE be worth now?

5 KITS CLOSE might now be worth an estimated £350,877.

This is based on house price inflation of 0.3%, between November 2023 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 0.3% inflationary increase is applied to the most recent sale price for 5 KITS CLOSE of £350,000 on 8th November 2023. For the value to have increased from £350,000 to £350,877 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 KITS CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The November 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KITS CLOSE has not materially changed since November 2023.

How Large is 5 KITS CLOSE?

5 KITS CLOSE is 63m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses houses in Chudleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chudleigh, and where 5 KITS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 KITS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chudleigh.

5 KITS CLOSE: Plot and Title Map

5 KITS CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 KITS 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 5 KITS 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 5 KITS CLOSE?

5 KITS CLOSE is located in CHUDLEIGH, in the TQ13 postcode district. The below map shows the position of No. 5 on KITS CLOSE.