5, THE PRECINCT, KINGSBRIDGE, TQ7 1AP - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 THE PRECINCT is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £475,000 in January 2023, which was around 17% below the average January 2023 detached price in the South Hams local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

5 THE PRECINCT Sold Prices

Land registry data shows four sales for 5 THE PRECINCT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four 5 THE PRECINCT 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 27 JAN	£475,000	£574,762	17% below HPI
2014 22 DEC	£270,000	£407,155	34% below HPI
1999 30 JUL	£107,000	£135,462	21% below HPI
1997 30 MAY	£57,000	£109,469	48% below HPI

5 THE PRECINCT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four 5 THE PRECINCT sales between May 1997 and January 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 December 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 THE PRECINCT?

5 THE PRECINCT is 96m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Kingsbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsbridge, and where 5 THE PRECINCT lies on this distribution: 26% of detached houses are smaller than 5 THE PRECINCT, and 73% of houses are larger. Note that EPC data is not available for all properties in Kingsbridge.

5 THE PRECINCT: Plot and Title Map

5 THE PRECINCT sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 THE PRECINCT, 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 THE PRECINCT). 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 THE PRECINCT?

5 THE PRECINCT is located in KINGSBRIDGE, in the TQ7 postcode district. The below map shows the position of No. 5 on THE PRECINCT.