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

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

5 MELCOT CLOSE is a very large extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £315,000 in August 2019, which was around 15% 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	£370,431	15% below HPI
2010 17 SEP	£250,000	£296,209	16% below HPI
2004 16 JAN	£210,000	£234,436	10% below HPI
2000 17 JAN	£85,000	£120,363	29% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Kingsteignton, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsteignton, and where 5 MELCOT CLOSE lies on this distribution: 90% of detached 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.