15, TALLOW WOOD CLOSE, PAIGNTON, TQ3 3HD - £280,000

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 TALLOW WOOD CLOSE is a large extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £343,410. It was last sold for £280,000 in February 2020, which was around 21% below the average February 2020 detached price in the Torbay local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

15 TALLOW WOOD CLOSE Sold Prices

Land registry data shows four sales for 15 TALLOW WOOD CLOSE 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. All of the four 15 TALLOW WOOD 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
2020 28 FEB	£280,000	£354,632	21% below HPI
2012 31 AUG	£205,000	£270,217	24% below HPI
2008 2 MAY	£220,000	£295,286	25% below HPI
2000 22 SEP	£114,950	£134,673	15% below HPI

15 TALLOW WOOD CLOSE 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 15 TALLOW WOOD CLOSE sales between September 2000 and February 2020 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 August 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 TALLOW WOOD CLOSE be worth now?

15 TALLOW WOOD CLOSE might now be worth an estimated £343,410.

This is based on house price inflation of 22.6%, between February 2020 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 22.6% inflationary increase is applied to the most recent sale price for 15 TALLOW WOOD CLOSE of £280,000 on 28th February 2020. For the value to have increased from £280,000 to £343,410 over the five years to February 2025, the following assumptions must hold true:

• The value of 15 TALLOW WOOD CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The February 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TALLOW WOOD CLOSE has not materially changed since February 2020.

How Large is 15 TALLOW WOOD CLOSE?

15 TALLOW WOOD CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% 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 15 TALLOW WOOD CLOSE lies on this distribution: 61% of detached houses houses are smaller than 15 TALLOW WOOD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Paignton.

15 TALLOW WOOD CLOSE: Plot and Title Map

15 TALLOW WOOD CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 15 TALLOW WOOD 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 TALLOW WOOD 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 TALLOW WOOD CLOSE?

15 TALLOW WOOD CLOSE is located in PAIGNTON, in the TQ3 postcode district. The below map shows the position of No. 15 on TALLOW WOOD CLOSE.