5, MELCOT CLOSE, KINGSTEIGNTON, NEWTON ABBOT, TQ12 3DR - £315,000

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 MELCOT CLOSE is a very large extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £390,343. It was last sold for £315,000 in August 2019, which was around 17% below the average August 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 MELCOT CLOSE Sold Prices

Land registry data shows four sales for 5 MELCOT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the four 5 MELCOT 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
2019 14 AUG	£315,000	£378,733	17% below HPI
2010 17 SEP	£250,000	£302,848	17% below HPI
2004 16 JAN	£210,000	£239,690	12% below HPI
2000 17 JAN	£85,000	£123,061	31% below HPI

5 MELCOT 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 four 5 MELCOT CLOSE sales between January 2000 and August 2019 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 September 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, which was also at 17% below the HPI.

What might 5 MELCOT CLOSE be worth now?

5 MELCOT CLOSE might now be worth an estimated £390,343.

This is based on house price inflation of 23.9%, between August 2019 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 23.9% inflationary increase is applied to the most recent sale price for 5 MELCOT CLOSE of £315,000 on 14th August 2019. For the value to have increased from £315,000 to £390,343 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 MELCOT CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MELCOT CLOSE has not materially changed since August 2019.

How Large is 5 MELCOT CLOSE?

5 MELCOT CLOSE is 150m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses houses in Kingsteignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingsteignton, and where 5 MELCOT CLOSE lies on this distribution: 90% of detached houses houses are smaller than 5 MELCOT CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Kingsteignton.

5 MELCOT CLOSE: Plot and Title Map

5 MELCOT CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 5 MELCOT 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 MELCOT 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 MELCOT CLOSE?

5 MELCOT CLOSE is located in KINGSTEIGNTON, in the TQ12 postcode district. The below map shows the position of No. 5 on MELCOT CLOSE.