SHERIDAN, PENNYACRE ROAD, TEIGNMOUTH, TQ14 8LB - £280,000

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

SHERIDAN is a midsized extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £402,622. It was last sold for £280,000 in July 2015, which was around 14% below the average July 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

SHERIDAN Sold Prices

Land registry data shows four sales for SHERIDAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. two of the four SHERIDAN sales were for below the average price, and four 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
2015 29 JUL	£280,000	£325,093	14% below HPI
2004 20 DEC	£260,000	£265,159	2% below HPI
2003 1 APR	£225,000	£221,037	2% above HPI
1999 14 MAY	£124,950	£110,853	13% above HPI

SHERIDAN 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 four SHERIDAN sales between May 1999 and July 2015 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 December 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might SHERIDAN be worth now?

SHERIDAN might now be worth an estimated £402,622.

This is based on house price inflation of 43.8%, between July 2015 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.8% inflationary increase is applied to the most recent sale price for SHERIDAN of £280,000 on 29th July 2015. For the value to have increased from £280,000 to £402,622 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of SHERIDAN has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The July 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of SHERIDAN has not materially changed since July 2015.

How Large is SHERIDAN?

SHERIDAN is 103m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 50% of detached houses houses in Teignmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Teignmouth, and where SHERIDAN lies on this distribution: 47% of detached houses houses are smaller than SHERIDAN, and 53% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

SHERIDAN: Plot and Title Map

SHERIDAN sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of SHERIDAN, 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 SHERIDAN). 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 SHERIDAN?

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