3, BISHOPS CLOSE, TORQUAY, TQ1 2PL - £485,000

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.

3 BISHOPS CLOSE is a very large detached house of 213m², built sometime between 1967 and 1975, which could now be worth an estimated £590,987. It was last sold for £485,000 in August 2019, which was around 41% above the average August 2019 detached price in the Torbay local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 BISHOPS CLOSE Sold Prices

Land registry data shows one sale for 3 BISHOPS 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
2019 6 AUG	£485,000	£344,205	41% above HPI

What might 3 BISHOPS CLOSE be worth now?

3 BISHOPS CLOSE might now be worth an estimated £590,987.

This is based on house price inflation of 21.9%, between August 2019 and May 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 21.9% inflationary increase is applied to the most recent sale price for 3 BISHOPS CLOSE of £485,000 on 6th August 2019. For the value to have increased from £485,000 to £590,987 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 3 BISHOPS CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The August 2019 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BISHOPS CLOSE has not materially changed since August 2019.

How Large is 3 BISHOPS CLOSE?

3 BISHOPS CLOSE is 213m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 3 BISHOPS CLOSE lies on this distribution: 85% of detached houses are smaller than 3 BISHOPS CLOSE, and 15% of detached houses are larger. Note that EPC data is not available for all properties in Torquay.

3 BISHOPS CLOSE: Plot

3 BISHOPS CLOSE sits on a plot of roughly 0.290 of an acre, or 1,173m².

Where is 3 BISHOPS CLOSE?

3 BISHOPS CLOSE is located in TORQUAY, in the TQ1 postcode district.