PANORAMA VIEW, MAIN ROAD, SALCOMBE, TQ8 8AA - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PANORAMA VIEW is a small detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £801,604. It was last sold for £240,000 in April 2001, which was around 37% above the average April 2001 detached price in the South Hams local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

PANORAMA VIEW Sold Prices

Land registry data shows two sales for PANORAMA VIEW 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 PANORAMA VIEW 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
2001 23 APR	£240,000	£174,770	37% above HPI
1995 14 JUL	£142,500	£98,375	45% above HPI

PANORAMA VIEW 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 PANORAMA VIEW sales from July 1995 and April 2001 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 July 1995 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2001 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might PANORAMA VIEW be worth now?

PANORAMA VIEW might now be worth an estimated £801,604.

This is based on house price inflation of 234%, between April 2001 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 234% inflationary increase is applied to the most recent sale price for PANORAMA VIEW of £240,000 on 23rd April 2001. For the value to have increased from £240,000 to £801,604 over the 24 years and two months to February 2025, the following assumptions must hold true:

• The value of PANORAMA VIEW has moved in line with the HPI for detached houses in the South Hams local authority area.
• The April 2001 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of PANORAMA VIEW has not materially changed since April 2001.

How Large is PANORAMA VIEW?

PANORAMA VIEW is 131m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% 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 PANORAMA VIEW lies on this distribution: 39% of detached houses houses are smaller than PANORAMA VIEW, and 61% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

PANORAMA VIEW: Plot and Title Map

PANORAMA VIEW sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of PANORAMA VIEW, 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 PANORAMA VIEW). 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 PANORAMA VIEW?

PANORAMA VIEW is located on MAIN ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of PANORAMA VIEW on MAIN ROAD.