6, REDGATE CLOSE, TORQUAY, TQ1 3UG - £292,000

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.

6 REDGATE CLOSE is a small extended semi-detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £326,327. It was last sold for £292,000 in May 2021, which was around 20% above the average May 2021 semi-detached price in the Torbay local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

6 REDGATE CLOSE Sold Prices

Land registry data shows four sales for 6 REDGATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. All of the four 6 REDGATE 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
2021 17 MAY	£292,000	£243,668	20% above HPI
2006 29 MAR	£226,500	£168,995	34% above HPI
2002 14 JUN	£143,500	£106,036	35% above HPI
1996 26 JUL	£65,500	£53,977	21% above HPI

6 REDGATE 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 four 6 REDGATE CLOSE sales between July 1996 and May 2021 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 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 6 REDGATE CLOSE be worth now?

6 REDGATE CLOSE might now be worth an estimated £326,327.

This is based on house price inflation of 11.8%, between May 2021 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 11.8% inflationary increase is applied to the most recent sale price for 6 REDGATE CLOSE of £292,000 on 17th May 2021. For the value to have increased from £292,000 to £326,327 over the five years to May 2026, the following assumptions must hold true:

• The value of 6 REDGATE CLOSE has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The May 2021 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 6 REDGATE CLOSE has not materially changed since May 2021.

How Large is 6 REDGATE CLOSE?

6 REDGATE CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% 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 6 REDGATE CLOSE lies on this distribution: 29% of semi-detached houses houses are smaller than 6 REDGATE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Torquay.

6 REDGATE CLOSE: Plot and Title Map

6 REDGATE CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 6 REDGATE 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 6 REDGATE 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 6 REDGATE CLOSE?

6 REDGATE CLOSE is located in TORQUAY, in the TQ1 postcode district. The below map shows the position of No. 6 on REDGATE CLOSE.