109, PENWILL WAY, PAIGNTON, TQ4 5JN - £225,000

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.

109 PENWILL WAY is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £295,673. It was last sold for £225,000 in May 2017, which was around 30% below the average May 2017 detached price in the Torbay local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

109 PENWILL WAY Sold Prices

Land registry data shows four sales for 109 PENWILL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four 109 PENWILL WAY 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
2017 11 MAY	£225,000	£323,739	30% below HPI
2009 30 OCT	£205,000	£260,229	21% below HPI
2001 27 JUL	£122,000	£149,789	19% below HPI
1999 10 MAR	£79,950	£105,508	24% below HPI

109 PENWILL WAY 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 four 109 PENWILL WAY sales between March 1999 and May 2017 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 October 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 109 PENWILL WAY be worth now?

109 PENWILL WAY might now be worth an estimated £295,673.

This is based on house price inflation of 31.4%, between May 2017 and October 2025, for detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 109 PENWILL WAY of £225,000 on 11th May 2017. For the value to have increased from £225,000 to £295,673 over the seven years and seven months to October 2025, the following assumptions must hold true:

• The value of 109 PENWILL WAY has moved in line with the HPI for detached houses in the Torbay local authority area.
• The May 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 109 PENWILL WAY has not materially changed since May 2017.

How Large is 109 PENWILL WAY?

109 PENWILL WAY is 62m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paignton, and where 109 PENWILL WAY lies on this distribution: 3% of detached houses houses are smaller than 109 PENWILL WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Paignton.

109 PENWILL WAY: Plot and Title Map

109 PENWILL WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 109 PENWILL WAY, 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 109 PENWILL WAY). 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 109 PENWILL WAY?

109 PENWILL WAY is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 109 on PENWILL WAY.