MATOPO, VEALES ROAD, KINGSBRIDGE, TQ7 1EX - £425,000

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

MATOPO is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £425,000 in April 2021, which was around 14% below the average April 2021 detached price in the South Hams local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

MATOPO Sold Prices

Land registry data shows two sales for MATOPO 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 MATOPO 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
2021 8 APR	£425,000	£493,822	14% below HPI
2017 3 MAR	£405,000	£414,920	2% below HPI

MATOPO 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 MATOPO sales from March 2017 and April 2021 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 March 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is MATOPO?

MATOPO is 93m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Kingsbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsbridge, and where MATOPO lies on this distribution: 24% of detached houses are smaller than MATOPO, and 75% of houses are larger. Note that EPC data is not available for all properties in Kingsbridge.

MATOPO: Plot and Title Map

MATOPO sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of MATOPO, 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 MATOPO). 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 MATOPO?

MATOPO is located on VEALES ROAD in KINGSBRIDGE, in the TQ7 postcode district. The below map shows the position of MATOPO on VEALES ROAD.