16, MIMOSA WAY, PAIGNTON, TQ4 7FE - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MIMOSA WAY is a small detached house of 92m². It was last sold for £310,000 in June 2022, which was around 26% below the average June 2022 detached price in the Torbay local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

16 MIMOSA WAY Sold Prices

Land registry data shows three sales for 16 MIMOSA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three 16 MIMOSA 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
2022 24 JUN	£310,000	£421,407	26% below HPI
2019 3 OCT	£211,290	£333,056	37% below HPI
2015 27 FEB	£260,000	£278,669	7% below HPI

16 MIMOSA 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 three 16 MIMOSA WAY sales between February 2015 and June 2022 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 October 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 MIMOSA WAY?

16 MIMOSA WAY is 92m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 16 MIMOSA WAY lies on this distribution: 36% of detached houses are smaller than 16 MIMOSA WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Paignton.

16 MIMOSA WAY: Plot and Title Map

16 MIMOSA WAY sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 16 MIMOSA 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 16 MIMOSA 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 16 MIMOSA WAY?

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