CASTLE KEEP, SANDHILLS ROAD, SALCOMBE, TQ8 8JP - £6,100,000

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.

CASTLE KEEP is a very large extended detached house of 577m², built sometime between 1983 and 1990, which could now be worth an estimated £5,782,098. It was last sold for £6,100,000 in October 2022, which was around 891% above the average October 2022 detached price in the South Hams local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was D.

CASTLE KEEP Sold Prices

Land registry data shows two sales for CASTLE KEEP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two CASTLE KEEP 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
2022 3 OCT	£6,100,000	£615,829	891% above HPI
1999 16 JUN	£500,000	£135,247	270% above HPI

CASTLE KEEP 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 two CASTLE KEEP sales from June 1999 and October 2022 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 June 1999 sale was for 270% above the HPI. So the extrapolation line tracks at 270% above the HPI over time, until the October 2022 sale, where it rises to 891% above the HPI. The line then continues to track at 891% above the HPI.

What might CASTLE KEEP be worth now?

CASTLE KEEP might now be worth an estimated £5,782,098.

This is based on house price deflation of 5.2%, between October 2022 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% deflationary decrease is applied to the most recent sale price for CASTLE KEEP of £6,100,000 on 3rd October 2022. For the value to have decreased from £6,100,000 to £5,782,098 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of CASTLE KEEP has moved in line with the HPI for detached houses in the South Hams local authority area.
• The October 2022 sale price of £6,100,000 represented a fair market value for the property.
• The size, condition, and specification of CASTLE KEEP has not materially changed since October 2022.

How Large is CASTLE KEEP?

CASTLE KEEP is 577m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salcombe, and where CASTLE KEEP lies on this distribution: More than 99% of detached houses houses are smaller than CASTLE KEEP, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

CASTLE KEEP: Plot and Title Map

CASTLE KEEP sits on a plot of roughly 0.645 of an acre, or 2,609m². The below map shows the location of CASTLE KEEP, 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 CASTLE KEEP). 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 CASTLE KEEP?

CASTLE KEEP is located on SANDHILLS ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of CASTLE KEEP on SANDHILLS ROAD.