1, SHARPITOR CLOSE, PAIGNTON, TQ3 1AR - £317,000

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.

1 SHARPITOR CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £308,098. It was last sold for £317,000 in April 2022, which was around 27% below the average April 2022 detached price in the Torbay local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

1 SHARPITOR CLOSE Sold Prices

Land registry data shows one sale for 1 SHARPITOR CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Torbay local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 7 APR	£317,000	£435,604	27% below HPI

What might 1 SHARPITOR CLOSE be worth now?

1 SHARPITOR CLOSE might now be worth an estimated £308,098.

This is based on house price deflation of 2.8%, between April 2022 and April 2026, for 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 2.8% deflationary decrease is applied to the most recent sale price for 1 SHARPITOR CLOSE of £317,000 on 7th April 2022. For the value to have decreased from £317,000 to £308,098 over the four years to April 2026, the following assumptions must hold true:

• The value of 1 SHARPITOR CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The April 2022 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHARPITOR CLOSE has not materially changed since April 2022.

How Large is 1 SHARPITOR CLOSE?

1 SHARPITOR CLOSE is 76m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 1 SHARPITOR CLOSE lies on this distribution: 16% of detached houses are smaller than 1 SHARPITOR CLOSE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Paignton.

1 SHARPITOR CLOSE: Plot

1 SHARPITOR CLOSE sits on a plot of roughly 0.093 of an acre, or 378m².

Where is 1 SHARPITOR CLOSE?

1 SHARPITOR CLOSE is located in PAIGNTON, in the TQ3 postcode district.