2, OKE TOR CLOSE, PAIGNTON, TQ3 1TP - £200,000

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 OKE TOR CLOSE is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £269,449. It was last sold for £200,000 in December 2016, which was around 38% below the average December 2016 detached price in the Torbay local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 OKE TOR CLOSE Sold Prices

Land registry data shows three sales for 2 OKE TOR CLOSE 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 2 OKE TOR 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
2016 22 DEC	£200,000	£322,839	38% below HPI
2015 16 MAR	£177,500	£293,105	39% below HPI
1995 28 JUL	£65,000	£85,661	24% below HPI

2 OKE TOR 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 three 2 OKE TOR CLOSE sales between July 1995 and December 2016 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 March 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 OKE TOR CLOSE be worth now?

2 OKE TOR CLOSE might now be worth an estimated £269,449.

This is based on house price inflation of 34.7%, between December 2016 and February 2025, 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 34.7% inflationary increase is applied to the most recent sale price for 2 OKE TOR CLOSE of £200,000 on 22nd December 2016. For the value to have increased from £200,000 to £269,449 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OKE TOR CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The December 2016 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OKE TOR CLOSE has not materially changed since December 2016.

How Large is 2 OKE TOR CLOSE?

2 OKE TOR CLOSE is 87m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% 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 OKE TOR CLOSE lies on this distribution: 30% of detached houses houses are smaller than 2 OKE TOR CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Paignton.

2 OKE TOR CLOSE: Plot and Title Map

2 OKE TOR CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 OKE TOR 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 OKE TOR 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 OKE TOR CLOSE?

2 OKE TOR CLOSE is located in PAIGNTON, in the TQ3 postcode district. The below map shows the position of No. 2 on OKE TOR CLOSE.