CHERRY TREES, HOOKHILLS ROAD, PAIGNTON, TQ4 7NH - £410,000

CHERRY TREES is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £410,000 in October 2012, which was around 59% above the average October 2012 detached price in the Torbay local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

CHERRY TREES Sold Prices

Land registry data shows two sales for CHERRY TREES 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 CHERRY TREES 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
2012 26 OCT	£410,000	£258,242	59% above HPI
1998 9 JAN	£125,000	£94,988	32% above HPI

CHERRY TREES 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 CHERRY TREES sales from January 1998 and October 2012 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 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2012 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 163m², which includes three extensions, according to the EPC inspection conducted in June 2012. 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 CHERRY TREES lies on this distribution: 86% of detached houses are smaller than CHERRY TREES, and 14% of houses are larger. Note that EPC data is not available for all properties in Paignton.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.178 of an acre, or 718m². The below map shows the location of CHERRY TREES, 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 CHERRY TREES). 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 CHERRY TREES?

CHERRY TREES is located on HOOKHILLS ROAD in PAIGNTON, in the TQ4 postcode district. The below map shows the position of CHERRY TREES on HOOKHILLS ROAD.