37, CHERRY BROOK DRIVE, PAIGNTON, TQ4 7LZ - £250,000

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.

37 CHERRY BROOK DRIVE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £301,550. It was last sold for £250,000 in September 2020, which was around 31% below the average September 2020 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.

37 CHERRY BROOK DRIVE Sold Prices

Land registry data shows four sales for 37 CHERRY BROOK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four 37 CHERRY BROOK DRIVE 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
2020 2 SEP	£250,000	£360,590	31% below HPI
2014 10 NOV	£199,950	£281,804	29% below HPI
1998 6 NOV	£76,000	£100,864	25% below HPI
1995 2 NOV	£60,000	£83,715	28% below HPI

37 CHERRY BROOK 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 four 37 CHERRY BROOK DRIVE sales between November 1995 and September 2020 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 37 CHERRY BROOK DRIVE be worth now?

37 CHERRY BROOK DRIVE might now be worth an estimated £301,550.

This is based on house price inflation of 20.6%, between September 2020 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 20.6% inflationary increase is applied to the most recent sale price for 37 CHERRY BROOK DRIVE of £250,000 on 2nd September 2020. For the value to have increased from £250,000 to £301,550 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 37 CHERRY BROOK DRIVE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The September 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 37 CHERRY BROOK DRIVE has not materially changed since September 2020.

How Large is 37 CHERRY BROOK DRIVE?

37 CHERRY BROOK DRIVE 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 37 CHERRY BROOK DRIVE lies on this distribution: 2% of detached houses houses are smaller than 37 CHERRY BROOK DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Paignton.

37 CHERRY BROOK DRIVE: Plot and Title Map

37 CHERRY BROOK DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 37 CHERRY BROOK 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 37 CHERRY BROOK 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 37 CHERRY BROOK DRIVE?

37 CHERRY BROOK DRIVE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 37 on CHERRY BROOK DRIVE.