5, FORGEWAY CLOSE, TORQUAY, TQ2 6SH - £370,000

5 FORGEWAY CLOSE is a very large extended detached house of 214m², built sometime between 1950 and 1966. It was last sold for £370,000 in July 2014, which was around 36% above the average July 2014 detached price in the Torbay local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

5 FORGEWAY CLOSE Sold Prices

Land registry data shows two sales for 5 FORGEWAY 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. Both of the two 5 FORGEWAY CLOSE 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
2014 4 JUL	£370,000	£272,544	36% above HPI
2009 25 SEP	£375,000	£242,993	54% above HPI

5 FORGEWAY 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 5 FORGEWAY CLOSE sales from September 2009 and July 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 September 2009 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2014 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 5 FORGEWAY CLOSE?

5 FORGEWAY CLOSE is 214m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 5 FORGEWAY CLOSE lies on this distribution: 95% of detached houses are smaller than 5 FORGEWAY CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Paignton.

5 FORGEWAY CLOSE: Plot and Title Map

5 FORGEWAY CLOSE sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 5 FORGEWAY 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 5 FORGEWAY 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 5 FORGEWAY CLOSE?

5 FORGEWAY CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 5 on FORGEWAY CLOSE.