SHELSLEY, TORCROSS, KINGSBRIDGE, TQ7 2TJ - £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.

SHELSLEY is a very small extended detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £585,253. It was last sold for £450,000 in July 2020, which was about the average July 2020 detached price in the South Hams local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was D.

SHELSLEY Sold Prices

Land registry data shows two sales for SHELSLEY 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 SHELSLEY sales was roughly equal to the average price, whilst the other was 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
2020 31 JUL	£450,000	£448,833	Close to HPI
1998 12 JAN	£143,500	£117,138	23% above HPI

SHELSLEY 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 SHELSLEY sales from January 1998 and July 2020 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 January 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might SHELSLEY be worth now?

SHELSLEY might now be worth an estimated £585,253.

This is based on house price inflation of 30.1%, between July 2020 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 30.1% inflationary increase is applied to the most recent sale price for SHELSLEY of £450,000 on 31st July 2020. For the value to have increased from £450,000 to £585,253 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of SHELSLEY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of SHELSLEY has not materially changed since July 2020.

How Large is SHELSLEY?

SHELSLEY is 103m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses houses in Torcross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torcross, and where SHELSLEY lies on this distribution: 18% of detached houses houses are smaller than SHELSLEY, and 82% of houses are larger. Note that EPC data is not available for all properties in Torcross.

SHELSLEY: Plot and Title Map

SHELSLEY sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of SHELSLEY, 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 SHELSLEY). 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 SHELSLEY?

SHELSLEY is located in TORCROSS, in the TQ7 postcode district. The below map shows the position of SHELSLEY in TORCROSS.