15, FURNESS CLOSE, PAIGNTON, TQ4 7RX - £170,000

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.

15 FURNESS CLOSE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £237,100. It was last sold for £170,000 in September 2016, which was around 17% below the average September 2016 semi-detached price in the Torbay local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

15 FURNESS CLOSE Sold Prices

Land registry data shows two sales for 15 FURNESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. Both of the two 15 FURNESS 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
2016 30 SEP	£170,000	£203,857	17% below HPI
2008 26 SEP	£135,000	£180,720	25% below HPI

15 FURNESS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torbay local authority area over time, sourced from the HPI. The two 15 FURNESS CLOSE sales from September 2008 and September 2016 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 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 15 FURNESS CLOSE be worth now?

15 FURNESS CLOSE might now be worth an estimated £237,100.

This is based on house price inflation of 39.5%, between September 2016 and February 2025, for semi-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 39.5% inflationary increase is applied to the most recent sale price for 15 FURNESS CLOSE of £170,000 on 30th September 2016. For the value to have increased from £170,000 to £237,100 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 FURNESS CLOSE has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The September 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FURNESS CLOSE has not materially changed since September 2016.

How Large is 15 FURNESS CLOSE?

15 FURNESS CLOSE is 70m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of semi-detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Paignton, and where 15 FURNESS CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 15 FURNESS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Paignton.

15 FURNESS CLOSE: Plot and Title Map

15 FURNESS CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 15 FURNESS 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 15 FURNESS 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 15 FURNESS CLOSE?

15 FURNESS CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 15 on FURNESS CLOSE.