16, GRAMPIAN CLOSE, PAIGNTON, TQ4 7GD - £362,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 GRAMPIAN CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £366,698. It was last sold for £362,500 in July 2024, which was around 16% below the average July 2024 detached price in the Torbay local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

16 GRAMPIAN CLOSE Sold Prices

Land registry data shows five sales for 16 GRAMPIAN 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 16 GRAMPIAN 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
2024 16 JUL	£362,500	£433,861	16% below HPI
2020 27 NOV	£275,000	£370,474	26% below HPI
2006 20 FEB	£235,000	£256,517	8% below HPI
2003 11 SEP	£206,500	£226,017	9% below HPI
2001 18 SEP	£142,500	£158,057	10% below HPI

16 GRAMPIAN 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 16 GRAMPIAN CLOSE sales between September 2001 and July 2024 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 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 GRAMPIAN CLOSE be worth now?

16 GRAMPIAN CLOSE might now be worth an estimated £366,698.

This is based on house price inflation of 1.2%, between July 2024 and December 2024, 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 1.2% inflationary increase is applied to the most recent sale price for 16 GRAMPIAN CLOSE of £362,500 on 16th July 2024. For the value to have increased from £362,500 to £366,698 over the seven months to December 2024, the following assumptions must hold true:

• The value of 16 GRAMPIAN CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The July 2024 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GRAMPIAN CLOSE has not materially changed since July 2024.

How Large is 16 GRAMPIAN CLOSE?

16 GRAMPIAN CLOSE is 102m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% 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 16 GRAMPIAN CLOSE lies on this distribution: 47% of detached houses houses are smaller than 16 GRAMPIAN CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Paignton.

16 GRAMPIAN CLOSE: Plot and Title Map

16 GRAMPIAN CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 16 GRAMPIAN 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 16 GRAMPIAN 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 16 GRAMPIAN CLOSE?

16 GRAMPIAN CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 16 on GRAMPIAN CLOSE.