REDMIRE, HOOKHILLS ROAD, PAIGNTON, TQ4 7NH - £450,000

REDMIRE is a very large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £450,000 in May 2011, which was around 77% above the average May 2011 detached price in the Torbay local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

REDMIRE Sold Prices

Land registry data shows two sales for REDMIRE 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 REDMIRE 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
2011 9 MAY	£450,000	£253,562	77% above HPI
2006 24 JUL	£410,000	£261,153	57% above HPI

REDMIRE 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 REDMIRE sales from July 2006 and May 2011 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 July 2006 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2011 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is REDMIRE?

REDMIRE is 157m², which includes two extensions, according to the EPC inspection conducted in January 2011. 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 REDMIRE lies on this distribution: 84% of detached houses are smaller than REDMIRE, and 16% of houses are larger. Note that EPC data is not available for all properties in Paignton.

REDMIRE: Plot and Title Map

REDMIRE sits on a plot of roughly 0.372 of an acre, or 1,504m². The below map shows the location of REDMIRE, 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 REDMIRE). 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 REDMIRE?

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