3, STABB DRIVE, PAIGNTON, TQ4 7JB - £410,000

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 STABB DRIVE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £410,000 in January 2023, which was around 9% below the average January 2023 detached price in the Torbay local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

3 STABB DRIVE Sold Prices

Land registry data shows three sales for 3 STABB DRIVE 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 STABB DRIVE 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
2023 10 JAN	£410,000	£450,243	9% below HPI
2016 6 JUL	£305,000	£307,753	1% below HPI
1996 12 DEC	£95,000	£84,921	12% above HPI

3 STABB DRIVE 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 STABB DRIVE sales between December 1996 and January 2023 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 STABB DRIVE?

3 STABB DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 STABB DRIVE lies on this distribution: 39% of detached houses are smaller than 3 STABB DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Paignton.

3 STABB DRIVE: Plot and Title Map

3 STABB DRIVE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 3 STABB DRIVE, 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 STABB DRIVE). 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 STABB DRIVE?

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