SHALIMAR, RALEIGH ROAD, SALCOMBE, TQ8 8BH - £615,000

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

SHALIMAR is a large extended detached house of 217m², built sometime between 1930 and 1949. It was last sold for £615,000 in February 2016, which was around 43% above the average February 2016 detached price in the South Hams 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.

SHALIMAR Sold Prices

Land registry data shows two sales for SHALIMAR 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. One of the two SHALIMAR sales was for above the average price, whilst the other 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
2016 5 FEB	£615,000	£429,068	43% above HPI
2010 19 FEB	£242,600	£367,915	34% below HPI

SHALIMAR 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 SHALIMAR sales from February 2010 and February 2016 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 February 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2016 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is SHALIMAR?

SHALIMAR is 217m², which includes four extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 30% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where SHALIMAR lies on this distribution: 77% of detached houses are smaller than SHALIMAR, and 23% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

SHALIMAR: Plot and Title Map

SHALIMAR sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of SHALIMAR, 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 SHALIMAR). 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 SHALIMAR?

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