5, MITRE CLOSE, BISHOPSTEIGNTON, TEIGNMOUTH, TQ14 9RY - £699,000

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 MITRE CLOSE is a very large detached house of 270m², built sometime between 1996 and 2002, which could now be worth an estimated £831,752. It was last sold for £699,000 in September 2020, which was around 77% above the average September 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

5 MITRE CLOSE Sold Prices

Land registry data shows two sales for 5 MITRE 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 MITRE CLOSE sales were for above 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
2020 29 SEP	£699,000	£394,414	77% above HPI
2001 17 DEC	£395,950	£160,629	146% above HPI

5 MITRE 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 MITRE CLOSE sales from December 2001 and September 2020 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 December 2001 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the September 2020 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 5 MITRE CLOSE be worth now?

5 MITRE CLOSE might now be worth an estimated £831,752.

This is based on house price inflation of 19%, between September 2020 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 19% inflationary increase is applied to the most recent sale price for 5 MITRE CLOSE of £699,000 on 29th September 2020. For the value to have increased from £699,000 to £831,752 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 5 MITRE CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2020 sale price of £699,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MITRE CLOSE has not materially changed since September 2020.

How Large is 5 MITRE CLOSE?

5 MITRE CLOSE is 270m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Bishopsteignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishopsteignton, and where 5 MITRE CLOSE lies on this distribution: 96% of detached houses houses are smaller than 5 MITRE CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bishopsteignton.

5 MITRE CLOSE: Plot and Title Map

5 MITRE CLOSE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 5 MITRE 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 MITRE 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 MITRE CLOSE?

5 MITRE CLOSE is located in BISHOPSTEIGNTON, in the TQ14 postcode district. The below map shows the position of No. 5 on MITRE CLOSE.