15, WASHINGTON CLOSE, PAIGNTON, TQ3 2QJ - £270,000

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 WASHINGTON CLOSE is a small extended detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £302,409. It was last sold for £270,000 in June 2021, which was around 30% below the average June 2021 detached price in the Torbay local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

15 WASHINGTON CLOSE Sold Prices

Land registry data shows five sales for 15 WASHINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the five 15 WASHINGTON 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
2021 25 JUN	£270,000	£388,331	30% below HPI
2003 18 JUL	£170,000	£220,561	23% below HPI
2000 16 OCT	£105,000	£134,552	22% below HPI
1995 24 NOV	£68,500	£83,715	18% below HPI
1995 10 FEB	£82,300	£83,822	2% below HPI

15 WASHINGTON 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 five 15 WASHINGTON CLOSE sales between February 1995 and June 2021 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 July 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 WASHINGTON CLOSE be worth now?

15 WASHINGTON CLOSE might now be worth an estimated £302,409.

This is based on house price inflation of 12%, between June 2021 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 12% inflationary increase is applied to the most recent sale price for 15 WASHINGTON CLOSE of £270,000 on 25th June 2021. For the value to have increased from £270,000 to £302,409 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 WASHINGTON CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The June 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WASHINGTON CLOSE has not materially changed since June 2021.

How Large is 15 WASHINGTON CLOSE?

15 WASHINGTON CLOSE is 85m², which includes three extensions, according to the EPC inspection conducted in August 2020. 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 15 WASHINGTON CLOSE lies on this distribution: 27% of detached houses houses are smaller than 15 WASHINGTON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Paignton.

15 WASHINGTON CLOSE: Plot and Title Map

15 WASHINGTON CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 15 WASHINGTON 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 WASHINGTON 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 WASHINGTON CLOSE?

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