2, GRENADINE CLOSE, TORQUAY, TQ2 7GN - £195,000

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.

2 GRENADINE CLOSE is a very small semi-detached house of 58m², built sometime from 2007 onwards, which could now be worth an estimated £236,196. It was last sold for £195,000 in November 2020, which was around 17% below the average November 2020 semi-detached price in the Torbay local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 GRENADINE CLOSE Sold Prices

Land registry data shows five sales for 2 GRENADINE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. All of the five 2 GRENADINE CLOSE 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
2020 30 NOV	£195,000	£234,731	17% below HPI
2018 31 MAY	£178,000	£214,287	17% below HPI
2015 20 MAR	£158,000	£186,392	15% below HPI
2011 25 NOV	£146,000	£171,790	15% below HPI
2004 17 DEC	£155,000	£173,989	11% below HPI

2 GRENADINE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torbay local authority area over time, sourced from the HPI. The five 2 GRENADINE CLOSE sales between December 2004 and November 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 May 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2020 sale, which was also at 17% below the HPI.

What might 2 GRENADINE CLOSE be worth now?

2 GRENADINE CLOSE might now be worth an estimated £236,196.

This is based on house price inflation of 21.1%, between November 2020 and February 2025, for semi-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 21.1% inflationary increase is applied to the most recent sale price for 2 GRENADINE CLOSE of £195,000 on 30th November 2020. For the value to have increased from £195,000 to £236,196 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 GRENADINE CLOSE has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The November 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRENADINE CLOSE has not materially changed since November 2020.

How Large is 2 GRENADINE CLOSE?

2 GRENADINE CLOSE is 58m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of semi-detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Torquay, and where 2 GRENADINE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 GRENADINE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Torquay.

2 GRENADINE CLOSE: Plot and Title Map

2 GRENADINE CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 GRENADINE 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 2 GRENADINE 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 2 GRENADINE CLOSE?

2 GRENADINE CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 2 on GRENADINE CLOSE.