2, NEW PARK CLOSE, BRIXHAM, TQ5 9EF - £247,500

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

2 NEW PARK CLOSE is a very small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £294,754. It was last sold for £247,500 in October 2020, which was around 33% below the average October 2020 detached price in the Torbay local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

2 NEW PARK CLOSE Sold Prices

Land registry data shows five sales for 2 NEW PARK 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 2 NEW PARK 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
2020 9 OCT	£247,500	£368,525	33% below HPI
2011 15 DEC	£205,000	£269,910	24% below HPI
2009 27 MAR	£175,000	£249,578	30% below HPI
2001 16 NOV	£129,500	£157,650	18% below HPI
1999 24 JUN	£73,000	£105,041	31% below HPI

2 NEW PARK 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 2 NEW PARK CLOSE sales between June 1999 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 December 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 NEW PARK CLOSE be worth now?

2 NEW PARK CLOSE might now be worth an estimated £294,754.

This is based on house price inflation of 19.1%, between October 2020 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 19.1% inflationary increase is applied to the most recent sale price for 2 NEW PARK CLOSE of £247,500 on 9th October 2020. For the value to have increased from £247,500 to £294,754 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 NEW PARK CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The October 2020 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW PARK CLOSE has not materially changed since October 2020.

How Large is 2 NEW PARK CLOSE?

2 NEW PARK CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brixham, and where 2 NEW PARK CLOSE lies on this distribution: 18% of detached houses houses are smaller than 2 NEW PARK CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Brixham.

2 NEW PARK CLOSE: Plot and Title Map

2 NEW PARK CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 NEW PARK 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 NEW PARK 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 NEW PARK CLOSE?

2 NEW PARK CLOSE is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 2 on NEW PARK CLOSE.