1, SHETLAND CLOSE, TORQUAY, TQ2 7BH - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SHETLAND CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £260,000 in December 2017, which was around 20% below the average December 2017 detached price in the Torbay local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

1 SHETLAND CLOSE Sold Prices

Land registry data shows four sales for 1 SHETLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four 1 SHETLAND CLOSE 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 7 DEC	£260,000	£326,000	20% below HPI
2002 20 DEC	£167,950	£195,843	14% below HPI
1999 20 JUN	£89,950	£100,638	11% below HPI
1998 6 NOV	£88,500	£96,636	8% below HPI

1 SHETLAND CLOSE 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 four 1 SHETLAND CLOSE sales between November 1998 and December 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 December 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 SHETLAND CLOSE?

1 SHETLAND CLOSE is 78m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 1 SHETLAND CLOSE lies on this distribution: 10% of detached houses are smaller than 1 SHETLAND CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Torquay.

1 SHETLAND CLOSE: Plot and Title Map

1 SHETLAND CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 1 SHETLAND CLOSE, 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 1 SHETLAND CLOSE). 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 1 SHETLAND CLOSE?

1 SHETLAND CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 1 on SHETLAND CLOSE.