MALLORY, KINGSALE ROAD, SALCOMBE, TQ8 8AW - £450,000

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.

MALLORY is a very small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £708,074. It was last sold for £450,000 in May 2012, which was around 21% above the average May 2012 detached price in the South Hams local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

MALLORY Sold Prices

Land registry data shows three sales for MALLORY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Two of the three MALLORY sales were for above the average price, whilst one was 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
2012 22 MAY	£450,000	£370,979	21% above HPI
2010 30 APR	£425,000	£380,106	12% above HPI
2006 11 OCT	£315,000	£351,998	11% below HPI

MALLORY 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 three MALLORY sales between October 2006 and May 2012 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 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2012 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might MALLORY be worth now?

MALLORY might now be worth an estimated £708,074.

This is based on house price inflation of 57.3%, between May 2012 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 57.3% inflationary increase is applied to the most recent sale price for MALLORY of £450,000 on 22nd May 2012. For the value to have increased from £450,000 to £708,074 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of MALLORY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The May 2012 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of MALLORY has not materially changed since May 2012.

How Large is MALLORY?

MALLORY is 91m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 MALLORY lies on this distribution: 13% of detached houses houses are smaller than MALLORY, and 86% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

MALLORY: Plot and Title Map

MALLORY sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of MALLORY, 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 MALLORY). 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 MALLORY?

MALLORY is located on KINGSALE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of MALLORY on KINGSALE ROAD.