7, SHARPS CLOSE, HEATHFIELD, NEWTON ABBOT, TQ12 6SS - £190,000

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

7 SHARPS CLOSE is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £190,000 in May 2017, which was around 45% below the average May 2017 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

7 SHARPS CLOSE Sold Prices

Land registry data shows three sales for 7 SHARPS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 7 SHARPS CLOSE 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
2017 12 MAY	£190,000	£344,518	45% below HPI
2011 11 APR	£168,000	£279,406	40% below HPI
2003 9 APR	£112,500	£216,192	48% below HPI

7 SHARPS 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 three 7 SHARPS CLOSE sales between April 2003 and May 2017 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 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 SHARPS CLOSE?

7 SHARPS CLOSE is 84m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 7 SHARPS CLOSE lies on this distribution: 31% of detached houses are smaller than 7 SHARPS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

7 SHARPS CLOSE: Plot and Title Map

7 SHARPS CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 7 SHARPS 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 7 SHARPS 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 7 SHARPS CLOSE?

7 SHARPS CLOSE is located in HEATHFIELD, in the TQ12 postcode district. The below map shows the position of No. 7 on SHARPS CLOSE.