SPALSBURY, THORNLEY DRIVE, TEIGNMOUTH, TQ14 9JH - £290,000

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.

SPALSBURY is a very small detached house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £395,559. It was last sold for £290,000 in September 2016, which was around 17% below the average September 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

SPALSBURY Sold Prices

Land registry data shows two sales for SPALSBURY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two SPALSBURY 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
2016 7 SEP	£290,000	£347,489	17% below HPI
2013 23 APR	£210,000	£292,232	28% below HPI

SPALSBURY 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 two SPALSBURY sales from April 2013 and September 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 April 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might SPALSBURY be worth now?

SPALSBURY might now be worth an estimated £395,559.

This is based on house price inflation of 36.4%, between September 2016 and March 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 36.4% inflationary increase is applied to the most recent sale price for SPALSBURY of £290,000 on 7th September 2016. For the value to have increased from £290,000 to £395,559 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of SPALSBURY has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The September 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of SPALSBURY has not materially changed since September 2016.

How Large is SPALSBURY?

SPALSBURY is 70m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% 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 SPALSBURY lies on this distribution: 13% of detached houses houses are smaller than SPALSBURY, and 86% of houses are larger. Note that EPC data is not available for all properties in Teignmouth.

SPALSBURY: Plot and Title Map

SPALSBURY sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of SPALSBURY, 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 SPALSBURY). 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 SPALSBURY?

SPALSBURY is located on THORNLEY DRIVE in TEIGNMOUTH, in the TQ14 postcode district. The below map shows the position of SPALSBURY on THORNLEY DRIVE.