24, MIMOSA WAY, PAIGNTON, TQ4 7FE - £337,500

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

24 MIMOSA WAY is a large detached house of 123m², which could now be worth an estimated £390,061. It was last sold for £337,500 in May 2021, which was around 11% below the average May 2021 detached price in the Torbay local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

24 MIMOSA WAY Sold Prices

Land registry data shows two sales for 24 MIMOSA WAY 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 24 MIMOSA WAY 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
2021 7 MAY	£337,500	£379,746	11% below HPI
2014 14 NOV	£319,995	£281,804	14% above HPI

24 MIMOSA WAY 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 24 MIMOSA WAY sales from November 2014 and May 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 November 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 24 MIMOSA WAY be worth now?

24 MIMOSA WAY might now be worth an estimated £390,061.

This is based on house price inflation of 15.6%, between May 2021 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 15.6% inflationary increase is applied to the most recent sale price for 24 MIMOSA WAY of £337,500 on 7th May 2021. For the value to have increased from £337,500 to £390,061 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 24 MIMOSA WAY has moved in line with the HPI for detached houses in the Torbay local authority area.
• The May 2021 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MIMOSA WAY has not materially changed since May 2021.

How Large is 24 MIMOSA WAY?

24 MIMOSA WAY is 123m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 24 MIMOSA WAY lies on this distribution: 66% of detached houses houses are smaller than 24 MIMOSA WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Paignton.

24 MIMOSA WAY: Plot and Title Map

24 MIMOSA WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 24 MIMOSA WAY, 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 24 MIMOSA WAY). 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 24 MIMOSA WAY?

24 MIMOSA WAY is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 24 on MIMOSA WAY.