31, SHIRE CLOSE, PAIGNTON, TQ4 7SW - £220,000

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.

31 SHIRE CLOSE is a very small detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £341,404. It was last sold for £220,000 in December 2014, which was around 22% below the average December 2014 detached price in the Torbay local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

31 SHIRE CLOSE Sold Prices

Land registry data shows two sales for 31 SHIRE CLOSE 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 31 SHIRE CLOSE 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
2014 16 DEC	£220,000	£280,277	22% below HPI
2010 30 SEP	£184,000	£279,077	34% below HPI

31 SHIRE 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 two 31 SHIRE CLOSE sales from September 2010 and December 2014 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 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 31 SHIRE CLOSE be worth now?

31 SHIRE CLOSE might now be worth an estimated £341,404.

This is based on house price inflation of 55.2%, between December 2014 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 55.2% inflationary increase is applied to the most recent sale price for 31 SHIRE CLOSE of £220,000 on 16th December 2014. For the value to have increased from £220,000 to £341,404 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 SHIRE CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The December 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHIRE CLOSE has not materially changed since December 2014.

How Large is 31 SHIRE CLOSE?

31 SHIRE CLOSE is 61m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 31 SHIRE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 31 SHIRE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Paignton.

31 SHIRE CLOSE: Plot and Title Map

31 SHIRE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 31 SHIRE 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 31 SHIRE 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 31 SHIRE CLOSE?

31 SHIRE CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 31 on SHIRE CLOSE.