PENNYLESS, KINGSDOWN ROAD, TEIGNMOUTH, TQ14 9AU - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PENNYLESS is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £215,000 in August 2014, which was around 30% below the average August 2014 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

PENNYLESS Sold Prices

Land registry data shows three sales for PENNYLESS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three PENNYLESS 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
2014 1 AUG	£215,000	£307,152	30% below HPI
2006 13 APR	£215,000	£263,856	19% below HPI
1996 9 DEC	£68,250	£88,382	23% below HPI

PENNYLESS 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 three PENNYLESS sales between December 1996 and August 2014 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is PENNYLESS?

PENNYLESS is 108m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Teignmouth, and where PENNYLESS lies on this distribution: 52% of detached houses are smaller than PENNYLESS, and 47% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

PENNYLESS: Plot and Title Map

PENNYLESS sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of PENNYLESS, 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 PENNYLESS). 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 PENNYLESS?

PENNYLESS is located on KINGSDOWN ROAD in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of PENNYLESS on KINGSDOWN ROAD.