3, ELBA CLOSE, PAIGNTON, TQ4 7LW - £326,500

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

3 ELBA CLOSE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £326,500 in December 2018, which was around 2% below the average December 2018 detached price in the Torbay local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

3 ELBA CLOSE Sold Prices

Land registry data shows three sales for 3 ELBA 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. Two of the three 3 ELBA CLOSE sales were for below the average price, whilst one 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
2018 13 DEC	£326,500	£333,373	2% below HPI
2011 5 AUG	£225,000	£260,148	14% below HPI
2000 20 MAR	£128,000	£116,043	10% above HPI

3 ELBA 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 3 ELBA CLOSE sales between March 2000 and December 2018 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 August 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 ELBA CLOSE?

3 ELBA CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 3 ELBA CLOSE lies on this distribution: 65% of detached houses are smaller than 3 ELBA CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Paignton.

3 ELBA CLOSE: Plot and Title Map

3 ELBA CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 3 ELBA 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 3 ELBA 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 3 ELBA CLOSE?

3 ELBA CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 3 on ELBA CLOSE.