27, ORKNEY CLOSE, TORQUAY, TQ2 7DS - £222,500

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.

27 ORKNEY CLOSE is a very small extended semi-detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £204,318. It was last sold for £222,500 in February 2023, which was around 25% below the average February 2023 semi-detached price in the Torbay local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

27 ORKNEY CLOSE Sold Prices

Land registry data shows five sales for 27 ORKNEY 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 27 ORKNEY 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
2023 23 FEB	£222,500	£296,546	25% below HPI
2006 17 JAN	£100,000	£167,670	40% below HPI
2003 16 JUN	£118,000	£133,996	12% below HPI
2001 24 AUG	£71,000	£93,296	24% below HPI
1998 17 APR	£56,000	£61,735	9% below HPI

27 ORKNEY 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 27 ORKNEY CLOSE sales between April 1998 and February 2023 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 January 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 27 ORKNEY CLOSE be worth now?

27 ORKNEY CLOSE might now be worth an estimated £204,318.

This is based on house price deflation of 8.2%, between February 2023 and May 2026, 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 8.2% deflationary decrease is applied to the most recent sale price for 27 ORKNEY CLOSE of £222,500 on 23rd February 2023. For the value to have decreased from £222,500 to £204,318 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 27 ORKNEY CLOSE has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The February 2023 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 27 ORKNEY CLOSE has not materially changed since February 2023.

How Large is 27 ORKNEY CLOSE?

27 ORKNEY CLOSE is 55m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 27 ORKNEY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 27 ORKNEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Torquay.

27 ORKNEY CLOSE: Plot and Title Map

27 ORKNEY CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 27 ORKNEY 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 27 ORKNEY 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 27 ORKNEY CLOSE?

27 ORKNEY CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 27 on ORKNEY CLOSE.