12, PENNINE DRIVE, PAIGNTON, TQ4 7GB - £274,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 PENNINE DRIVE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £274,000 in January 2018, which was around 15% below the average January 2018 detached price in the Torbay local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

12 PENNINE DRIVE Sold Prices

Land registry data shows four sales for 12 PENNINE DRIVE 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. Most of the four 12 PENNINE DRIVE 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
2018 26 JAN	£274,000	£323,645	15% below HPI
2005 6 DEC	£238,000	£248,125	4% below HPI
2005 4 MAY	£230,000	£244,700	6% below HPI
2000 15 SEP	£138,500	£129,027	7% above HPI

12 PENNINE DRIVE 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 12 PENNINE DRIVE sales between September 2000 and January 2018 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 PENNINE DRIVE?

12 PENNINE DRIVE is 112m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 12 PENNINE DRIVE lies on this distribution: 56% of detached houses are smaller than 12 PENNINE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Paignton.

12 PENNINE DRIVE: Plot and Title Map

12 PENNINE DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 12 PENNINE DRIVE, 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 12 PENNINE DRIVE). 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 12 PENNINE DRIVE?

12 PENNINE DRIVE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 12 on PENNINE DRIVE.