8A, PALK CLOSE, SHALDON, TEIGNMOUTH, TQ14 0AH - £310,000

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.

8A PALK CLOSE is a very small extended detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £474,980. It was last sold for £310,000 in September 2013, which was around 2% above the average September 2013 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

8A PALK CLOSE Sold Prices

Land registry data shows four sales for 8A PALK CLOSE 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. Most of the four 8A PALK CLOSE sales were for above 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
2013 2 SEP	£310,000	£305,094	2% above HPI
2008 10 DEC	£284,950	£278,958	2% above HPI
2007 25 JUL	£305,000	£302,516	1% above HPI
2005 12 JUL	£249,995	£268,497	7% below HPI

8A PALK 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 four 8A PALK CLOSE sales between July 2005 and September 2013 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 2008 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2013 sale, which was also at 2% above the HPI.

What might 8A PALK CLOSE be worth now?

8A PALK CLOSE might now be worth an estimated £474,980.

This is based on house price inflation of 53.2%, between September 2013 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 53.2% inflationary increase is applied to the most recent sale price for 8A PALK CLOSE of £310,000 on 2nd September 2013. For the value to have increased from £310,000 to £474,980 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 8A PALK CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2013 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8A PALK CLOSE has not materially changed since September 2013.

How Large is 8A PALK CLOSE?

8A PALK CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Shaldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaldon, and where 8A PALK CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8A PALK CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shaldon.

8A PALK CLOSE: Plot and Title Map

8A PALK CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 8A PALK 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 8A PALK 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 8A PALK CLOSE?

8A PALK CLOSE is located in SHALDON, in the TQ14 postcode district. The below map shows the position of No. 8A on PALK CLOSE.