120, GIBSON ROAD, PAIGNTON, TQ4 7LT - £340,000

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

120 GIBSON ROAD is a large extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £340,000 in October 2023, which was around 22% below the average October 2023 detached price in the Torbay local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

120 GIBSON ROAD Sold Prices

Land registry data shows three sales for 120 GIBSON ROAD 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 120 GIBSON ROAD 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
2023 26 OCT	£340,000	£435,621	22% below HPI
2012 22 MAR	£204,000	£253,296	19% below HPI
1999 16 APR	£68,250	£100,802	32% below HPI

120 GIBSON ROAD 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 120 GIBSON ROAD sales between April 1999 and October 2023 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 March 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 120 GIBSON ROAD?

120 GIBSON ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 120 GIBSON ROAD lies on this distribution: 68% of detached houses are smaller than 120 GIBSON ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Paignton.

120 GIBSON ROAD: Plot and Title Map

120 GIBSON ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 120 GIBSON ROAD, 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 120 GIBSON ROAD). 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 120 GIBSON ROAD?

120 GIBSON ROAD is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 120 on GIBSON ROAD.