38, ELM PARK, PAIGNTON, TQ3 3QQ - £154,000

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.

38 ELM PARK is a very small semi-detached house of 40m², built sometime between 1930 and 1949, which could now be worth an estimated £258,151. It was last sold for £154,000 in April 2012, which was around 9% below the average April 2012 semi-detached price in the Torbay local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

38 ELM PARK Sold Prices

Land registry data shows four sales for 38 ELM PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. two of the four 38 ELM PARK sales were for below the average price, and four were 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
2012 13 APR	£154,000	£169,612	9% below HPI
2002 6 SEP	£134,000	£119,869	12% above HPI
2001 22 JUN	£89,950	£89,183	1% above HPI
1995 17 NOV	£43,000	£51,896	17% below HPI

38 ELM PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torbay local authority area over time, sourced from the HPI. The four 38 ELM PARK sales between November 1995 and April 2012 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 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 38 ELM PARK be worth now?

38 ELM PARK might now be worth an estimated £258,151.

This is based on house price inflation of 67.6%, between April 2012 and February 2025, for semi-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 67.6% inflationary increase is applied to the most recent sale price for 38 ELM PARK of £154,000 on 13th April 2012. For the value to have increased from £154,000 to £258,151 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 38 ELM PARK has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The April 2012 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ELM PARK has not materially changed since April 2012.

How Large is 38 ELM PARK?

38 ELM PARK is 40m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Paignton, and where 38 ELM PARK lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 38 ELM PARK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Paignton.

38 ELM PARK: Plot and Title Map

38 ELM PARK sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 38 ELM PARK, 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 38 ELM PARK). 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 38 ELM PARK?

38 ELM PARK is located in PAIGNTON, in the TQ3 postcode district. The below map shows the position of No. 38 on ELM PARK.