2, CULM CLOSE, TORQUAY, TQ2 7RQ - £215,000

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

2 CULM CLOSE is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £335,177. It was last sold for £215,000 in April 2014, which was around 24% below the average April 2014 detached price in the Torbay local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

2 CULM CLOSE Sold Prices

Land registry data shows two sales for 2 CULM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Both of the two 2 CULM 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
2014 25 APR	£215,000	£281,524	24% below HPI
1997 28 NOV	£74,000	£97,298	24% below HPI

2 CULM 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 two 2 CULM CLOSE sales from November 1997 and April 2014 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 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2014 sale, which was also at 24% below the HPI.

What might 2 CULM CLOSE be worth now?

2 CULM CLOSE might now be worth an estimated £335,177.

This is based on house price inflation of 55.9%, between April 2014 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 55.9% inflationary increase is applied to the most recent sale price for 2 CULM CLOSE of £215,000 on 25th April 2014. For the value to have increased from £215,000 to £335,177 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 2 CULM CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The April 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CULM CLOSE has not materially changed since April 2014.

How Large is 2 CULM CLOSE?

2 CULM CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in November 2024. This puts it in the largest 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 2 CULM CLOSE lies on this distribution: 52% of detached houses houses are smaller than 2 CULM CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Paignton.

2 CULM CLOSE: Plot and Title Map

2 CULM CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 CULM 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 2 CULM 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 2 CULM CLOSE?

2 CULM CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 2 on CULM CLOSE.