23, DRAKE AVENUE, TORQUAY, TQ2 6JL - £235,000

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.

23 DRAKE AVENUE is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £375,301. It was last sold for £235,000 in August 2006, which was around 14% below the average August 2006 detached price in the Torbay local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

23 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 23 DRAKE AVENUE 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. Both of the two 23 DRAKE AVENUE 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
2006 11 AUG	£235,000	£272,346	14% below HPI
1997 16 JUL	£63,000	£94,221	33% below HPI

23 DRAKE AVENUE 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 23 DRAKE AVENUE sales from July 1997 and August 2006 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 July 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2006 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 23 DRAKE AVENUE be worth now?

23 DRAKE AVENUE might now be worth an estimated £375,301.

This is based on house price inflation of 59.7%, between August 2006 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 59.7% inflationary increase is applied to the most recent sale price for 23 DRAKE AVENUE of £235,000 on 11th August 2006. For the value to have increased from £235,000 to £375,301 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of 23 DRAKE AVENUE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The August 2006 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 23 DRAKE AVENUE has not materially changed since August 2006.

How Large is 23 DRAKE AVENUE?

23 DRAKE AVENUE is 81m² according to the EPC inspection conducted in November 2021. 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 23 DRAKE AVENUE lies on this distribution: 22% of detached houses houses are smaller than 23 DRAKE AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Paignton.

23 DRAKE AVENUE: Plot and Title Map

23 DRAKE AVENUE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 23 DRAKE AVENUE, 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 23 DRAKE AVENUE). 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 23 DRAKE AVENUE?

23 DRAKE AVENUE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 23 on DRAKE AVENUE.