THE OLD OAK, FOXHOLE ROAD, PAIGNTON, TQ3 3TA - £140,000

THE OLD OAK is a very small detached house of 70m², built sometime from 2007 onwards. It was last sold for £140,000 in March 2017, which was around 55% below the average March 2017 detached price in the Torbay local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

THE OLD OAK Sold Prices

Land registry data shows three sales for THE OLD OAK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three THE OLD OAK 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
2017 14 MAR	£140,000	£310,957	55% below HPI
2014 7 JUL	£170,000	£272,544	38% below HPI
2010 24 SEP	£127,500	£267,378	52% below HPI

THE OLD OAK 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 three THE OLD OAK sales between September 2010 and March 2017 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 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is THE OLD OAK?

THE OLD OAK is 70m² according to the EPC inspection conducted in April 2012. 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 THE OLD OAK lies on this distribution: 10% of detached houses are smaller than THE OLD OAK, and 89% of houses are larger. Note that EPC data is not available for all properties in Paignton.

THE OLD OAK: Plot and Title Map

THE OLD OAK sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of THE OLD OAK, 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 THE OLD OAK). 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 THE OLD OAK?

THE OLD OAK is located on FOXHOLE ROAD in PAIGNTON, in the TQ3 postcode district. The below map shows the position of THE OLD OAK on FOXHOLE ROAD.