2, FURNESS CLOSE, PAIGNTON, TQ4 7RX - £237,000

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.

2 FURNESS CLOSE is a small extended semi-detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £287,391. It was last sold for £237,000 in October 2020, which was around 1% above the average October 2020 semi-detached price in the Torbay local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 FURNESS CLOSE Sold Prices

Land registry data shows five sales for 2 FURNESS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. Most of the five 2 FURNESS CLOSE sales were for above 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 2 OCT	£237,000	£234,468	1% above HPI
2015 30 OCT	£202,500	£193,901	4% above HPI
2006 8 DEC	£185,000	£183,277	1% above HPI
2004 8 OCT	£164,950	£168,716	2% below HPI
1995 2 NOV	£56,000	£51,896	8% above HPI

2 FURNESS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torbay local authority area over time, sourced from the HPI. The five 2 FURNESS CLOSE sales between November 1995 and October 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 October 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 FURNESS CLOSE be worth now?

2 FURNESS CLOSE might now be worth an estimated £287,391.

This is based on house price inflation of 21.3%, between October 2020 and February 2025, for semi-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 21.3% inflationary increase is applied to the most recent sale price for 2 FURNESS CLOSE of £237,000 on 2nd October 2020. For the value to have increased from £237,000 to £287,391 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 FURNESS CLOSE has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The October 2020 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FURNESS CLOSE has not materially changed since October 2020.

How Large is 2 FURNESS CLOSE?

2 FURNESS CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of semi-detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Paignton, and where 2 FURNESS CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 2 FURNESS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Paignton.

2 FURNESS CLOSE: Plot and Title Map

2 FURNESS CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 2 FURNESS 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 FURNESS 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 FURNESS CLOSE?

2 FURNESS CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 2 on FURNESS CLOSE.