6, MEADOW RISE, TEIGNMOUTH, TQ14 9UT - £246,500

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.

6 MEADOW RISE is a very small detached house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £294,124. It was last sold for £246,500 in August 2020, which was around 37% below the average August 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

6 MEADOW RISE Sold Prices

Land registry data shows four sales for 6 MEADOW RISE 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 6 MEADOW RISE 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
2020 19 AUG	£246,500	£391,772	37% below HPI
2017 6 JAN	£225,000	£350,729	36% below HPI
1999 23 AUG	£70,500	£114,906	39% below HPI
1996 26 APR	£50,000	£80,746	38% below HPI

6 MEADOW RISE 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 6 MEADOW RISE sales between April 1996 and August 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 January 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 6 MEADOW RISE be worth now?

6 MEADOW RISE might now be worth an estimated £294,124.

This is based on house price inflation of 19.3%, between August 2020 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 19.3% inflationary increase is applied to the most recent sale price for 6 MEADOW RISE of £246,500 on 19th August 2020. For the value to have increased from £246,500 to £294,124 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 6 MEADOW RISE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2020 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MEADOW RISE has not materially changed since August 2020.

How Large is 6 MEADOW RISE?

6 MEADOW RISE is 50m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Teignmouth, and where 6 MEADOW RISE lies on this distribution: 1% of detached houses houses are smaller than 6 MEADOW RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

6 MEADOW RISE: Plot and Title Map

6 MEADOW RISE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 6 MEADOW RISE, 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 6 MEADOW RISE). 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 6 MEADOW RISE?

6 MEADOW RISE is located in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of No. 6 on MEADOW RISE.