1, THE CLOSE, PAIGNTON, TQ4 6JQ - £585,000

1 THE CLOSE is a very large extended detached house of 270m², built sometime between 1950 and 1966. It was last sold for £585,000 in September 2021, which was around 54% above the average September 2021 detached price in the Torbay local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

1 THE CLOSE Sold Prices

Land registry data shows three sales for 1 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three 1 THE CLOSE sales 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
2021 16 SEP	£585,000	£379,934	54% above HPI
2017 7 DEC	£435,000	£326,000	33% above HPI
1998 19 JUN	£125,000	£95,124	31% above HPI

1 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three 1 THE CLOSE sales between June 1998 and September 2021 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 2017 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 1 THE CLOSE?

1 THE CLOSE is 270m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 1 THE CLOSE lies on this distribution: 98% of detached houses are smaller than 1 THE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Paignton.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 0.239 of an acre, or 969m². The below map shows the location of 1 THE CLOSE, 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 1 THE CLOSE). 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 1 THE CLOSE?

1 THE CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 1 on THE CLOSE.