MIDVALE, MIDVALE ROAD, PAIGNTON, TQ4 5BD - £222,500

MIDVALE is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £222,500 in October 2016, which was around 27% below the average October 2016 detached price in the Torbay local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

MIDVALE Sold Prices

Land registry data shows two sales for MIDVALE 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 MIDVALE sales were 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
2016 12 OCT	£222,500	£304,572	27% below HPI
2006 8 JUN	£195,000	£260,969	25% below HPI

MIDVALE 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 MIDVALE sales from June 2006 and October 2016 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 June 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is MIDVALE?

MIDVALE is 88m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where MIDVALE lies on this distribution: 32% of detached houses are smaller than MIDVALE, and 67% of houses are larger. Note that EPC data is not available for all properties in Paignton.

MIDVALE: Plot and Title Map

MIDVALE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of MIDVALE, 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 MIDVALE). 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 MIDVALE?

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