2, SHARPITOR CLOSE, PAIGNTON, TQ3 1AR - £260,000

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 SHARPITOR CLOSE is a midsized extended detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £306,590. It was last sold for £260,000 in January 2021, which was around 30% below the average January 2021 detached price in the Torbay local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 SHARPITOR CLOSE Sold Prices

Land registry data shows three sales for 2 SHARPITOR 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 SHARPITOR 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
2021 27 JAN	£260,000	£368,849	30% below HPI
2003 21 JAN	£71,042	£208,770	66% below HPI
2000 25 SEP	£114,000	£134,673	15% below HPI

2 SHARPITOR 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 SHARPITOR CLOSE sales between September 2000 and January 2021 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 January 2003 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the January 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 SHARPITOR CLOSE be worth now?

2 SHARPITOR CLOSE might now be worth an estimated £306,590.

This is based on house price inflation of 17.9%, between January 2021 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 17.9% inflationary increase is applied to the most recent sale price for 2 SHARPITOR CLOSE of £260,000 on 27th January 2021. For the value to have increased from £260,000 to £306,590 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 SHARPITOR CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The January 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHARPITOR CLOSE has not materially changed since January 2021.

How Large is 2 SHARPITOR CLOSE?

2 SHARPITOR CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 SHARPITOR CLOSE lies on this distribution: 46% of detached houses houses are smaller than 2 SHARPITOR CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Paignton.

2 SHARPITOR CLOSE: Plot and Title Map

2 SHARPITOR CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 2 SHARPITOR 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 SHARPITOR 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 SHARPITOR CLOSE?

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