5, WALLACE AVENUE, DAWLISH, EX7 0DT - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WALLACE AVENUE is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £450,580. It was last sold for £340,000 in October 2016, which was around 4% below the average October 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

5 WALLACE AVENUE Sold Prices

Land registry data shows two sales for 5 WALLACE AVENUE 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 WALLACE AVENUE 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
2016 28 OCT	£340,000	£352,740	4% below HPI
2006 7 APR	£220,000	£269,769	18% below HPI

5 WALLACE AVENUE 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 WALLACE AVENUE sales from April 2006 and October 2016 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 April 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 WALLACE AVENUE be worth now?

5 WALLACE AVENUE might now be worth an estimated £450,580.

This is based on house price inflation of 32.5%, between October 2016 and February 2025, 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 32.5% inflationary increase is applied to the most recent sale price for 5 WALLACE AVENUE of £340,000 on 28th October 2016. For the value to have increased from £340,000 to £450,580 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 WALLACE AVENUE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WALLACE AVENUE has not materially changed since October 2016.

How Large is 5 WALLACE AVENUE?

5 WALLACE AVENUE is 114m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 50% of detached houses houses in Dawlish, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dawlish, and where 5 WALLACE AVENUE lies on this distribution: 58% of detached houses houses are smaller than 5 WALLACE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Dawlish.

5 WALLACE AVENUE: Plot and Title Map

5 WALLACE AVENUE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 5 WALLACE AVENUE, 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 WALLACE AVENUE). 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 WALLACE AVENUE?

5 WALLACE AVENUE is located in DAWLISH, in the EX7 postcode district. The below map shows the position of No. 5 on WALLACE AVENUE.