3, MERRYLAND CLOSE, PRESTON, PAIGNTON, TQ3 1HT - £380,000

3 MERRYLAND CLOSE is a very large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £380,000 in March 2014, which was around 43% above the average March 2014 detached price in the Torbay local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

3 MERRYLAND CLOSE Sold Prices

Land registry data shows two sales for 3 MERRYLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. One of the two 3 MERRYLAND CLOSE sales was for above the average price, whilst the other was 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
2014 6 MAR	£380,000	£265,496	43% above HPI
2001 5 MAR	£125,000	£137,099	9% below HPI

3 MERRYLAND 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 two 3 MERRYLAND CLOSE sales from March 2001 and March 2014 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 March 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 3 MERRYLAND CLOSE?

3 MERRYLAND CLOSE is 153m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 3 MERRYLAND CLOSE lies on this distribution: 83% of detached houses are smaller than 3 MERRYLAND CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Paignton.

3 MERRYLAND CLOSE: Plot and Title Map

3 MERRYLAND CLOSE sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of 3 MERRYLAND 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 3 MERRYLAND 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 3 MERRYLAND CLOSE?

3 MERRYLAND CLOSE is located in PRESTON, in the TQ3 postcode district. The below map shows the position of No. 3 on MERRYLAND CLOSE.