5, REED VALE, TEIGNMOUTH, TQ14 9EH - £190,000

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 REED VALE is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £190,000 in December 2002, which was around 8% below the average December 2002 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

5 REED VALE Sold Prices

Land registry data shows two sales for 5 REED VALE 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 REED VALE 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
2002 6 DEC	£190,000	£206,969	8% below HPI
2001 12 JUL	£120,000	£151,823	21% below HPI

5 REED VALE 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 REED VALE sales from July 2001 and December 2002 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 July 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2002 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 REED VALE?

5 REED VALE is 108m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where 5 REED VALE lies on this distribution: 52% of detached houses are smaller than 5 REED VALE, and 47% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

5 REED VALE: Plot and Title Map

5 REED VALE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 5 REED VALE, 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 REED VALE). 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 REED VALE?

5 REED VALE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 5 on REED VALE.