38, FRESHWATER DRIVE, PAIGNTON, TQ4 7SB - £157,500

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.

38 FRESHWATER DRIVE is a very small terraced house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £232,435. It was last sold for £157,500 in December 2006, which was around 6% above the average December 2006 terraced price in the Torbay local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

38 FRESHWATER DRIVE Sold Prices

Land registry data shows two sales for 38 FRESHWATER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Torbay local authority area for the corresponding sale date. Both of the two 38 FRESHWATER DRIVE 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
2006 19 DEC	£157,500	£148,004	6% above HPI
1995 28 APR	£48,000	£40,131	20% above HPI

38 FRESHWATER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Torbay local authority area over time, sourced from the HPI. The two 38 FRESHWATER DRIVE sales from April 1995 and December 2006 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 April 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2006 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 38 FRESHWATER DRIVE be worth now?

38 FRESHWATER DRIVE might now be worth an estimated £232,435.

This is based on house price inflation of 47.6%, between December 2006 and October 2025, for terraced 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 47.6% inflationary increase is applied to the most recent sale price for 38 FRESHWATER DRIVE of £157,500 on 19th December 2006. For the value to have increased from £157,500 to £232,435 over the nineteen years and two months to October 2025, the following assumptions must hold true:

• The value of 38 FRESHWATER DRIVE has moved in line with the HPI for terraced houses in the Torbay local authority area.
• The December 2006 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 38 FRESHWATER DRIVE has not materially changed since December 2006.

How Large is 38 FRESHWATER DRIVE?

38 FRESHWATER DRIVE is 51m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses houses in Paignton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Paignton, and where 38 FRESHWATER DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 38 FRESHWATER DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Paignton.

38 FRESHWATER DRIVE: Plot and Title Map

38 FRESHWATER DRIVE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 38 FRESHWATER DRIVE, 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 38 FRESHWATER DRIVE). 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 38 FRESHWATER DRIVE?

38 FRESHWATER DRIVE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 38 on FRESHWATER DRIVE.