2, THE PADDOCK, EDGINSWELL LANE, TORQUAY, TQ2 7FY - £422,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE PADDOCK is a very large extended detached house of 149m², built sometime from 2012 onwards. It was last sold for £422,500 in January 2024, which was around 2% below the average January 2024 detached price in the Torbay local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE PADDOCK Sold Prices

Land registry data shows two sales for 2 THE PADDOCK 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. One of the two 2 THE PADDOCK sales was for below the average price, whilst the other was 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
2024 12 JAN	£422,500	£430,555	2% below HPI
2019 13 SEP	£350,000	£330,593	6% above HPI

2 THE PADDOCK 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 THE PADDOCK sales from September 2019 and January 2024 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 September 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 149m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 20% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 2 THE PADDOCK lies on this distribution: 81% of detached houses are smaller than 2 THE PADDOCK, and 18% of houses are larger. Note that EPC data is not available for all properties in Paignton.

2 THE PADDOCK: Plot and Title Map

2 THE PADDOCK sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 2 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

2 THE PADDOCK is located on EDGINSWELL LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of 2 THE PADDOCK on EDGINSWELL LANE.