131, PENWILL WAY, PAIGNTON, TQ4 5JN - £266,000

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.

131 PENWILL WAY is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £355,301. It was last sold for £266,000 in June 2017, which was around 18% below the average June 2017 detached price in the Torbay local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

131 PENWILL WAY Sold Prices

Land registry data shows two sales for 131 PENWILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Both of the two 131 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
2017 6 JUN	£266,000	£325,626	18% below HPI
2015 11 NOV	£195,000	£307,609	37% below HPI

131 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 two 131 PENWILL WAY sales from November 2015 and June 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 November 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 131 PENWILL WAY be worth now?

131 PENWILL WAY might now be worth an estimated £355,301.

This is based on house price inflation of 33.6%, between June 2017 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 33.6% inflationary increase is applied to the most recent sale price for 131 PENWILL WAY of £266,000 on 6th June 2017. For the value to have increased from £266,000 to £355,301 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 131 PENWILL WAY has moved in line with the HPI for detached houses in the Torbay local authority area.
• The June 2017 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 131 PENWILL WAY has not materially changed since June 2017.

How Large is 131 PENWILL WAY?

131 PENWILL WAY is 82m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% 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 131 PENWILL WAY lies on this distribution: 23% of detached houses houses are smaller than 131 PENWILL WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Paignton.

131 PENWILL WAY: Plot and Title Map

131 PENWILL WAY sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 131 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 131 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 131 PENWILL WAY?

131 PENWILL WAY is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 131 on PENWILL WAY.