113, PENWILL WAY, PAIGNTON, TQ4 5JN - £346,000

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.

113 PENWILL WAY is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £342,678. It was last sold for £346,000 in May 2022, which was around 21% below the average May 2022 detached price in the Torbay local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

113 PENWILL WAY Sold Prices

Land registry data shows seven sales for 113 PENWILL WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the seven 113 PENWILL WAY 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
2022 16 MAY	£346,000	£439,161	21% below HPI
2021 30 SEP	£300,000	£395,507	24% below HPI
2016 25 AUG	£222,500	£326,366	32% below HPI
2011 15 DEC	£179,000	£269,910	34% below HPI
2010 21 JUN	£195,000	£273,977	29% below HPI
1999 4 JUN	£75,000	£105,041	29% below HPI
1997 16 MAY	£45,000	£90,510	50% below HPI

113 PENWILL WAY 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 seven 113 PENWILL WAY sales between May 1997 and May 2022 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 September 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 113 PENWILL WAY be worth now?

113 PENWILL WAY might now be worth an estimated £342,678.

This is based on house price deflation of 1%, between May 2022 and February 2025, 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 1% deflationary decrease is applied to the most recent sale price for 113 PENWILL WAY of £346,000 on 16th May 2022. For the value to have decreased from £346,000 to £342,678 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 113 PENWILL WAY has moved in line with the HPI for detached houses in the Torbay local authority area.
• The May 2022 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 113 PENWILL WAY has not materially changed since May 2022.

How Large is 113 PENWILL WAY?

113 PENWILL WAY is 72m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paignton, and where 113 PENWILL WAY lies on this distribution: 11% of detached houses houses are smaller than 113 PENWILL WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Paignton.

113 PENWILL WAY: Plot and Title Map

113 PENWILL WAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 113 PENWILL WAY, 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 113 PENWILL WAY). 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 113 PENWILL WAY?

113 PENWILL WAY is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 113 on PENWILL WAY.