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
4 FAIR ISLE CLOSE is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £278,000 in August 2020, which was around 18% below the average August 2020 detached price in the Torbay local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 4 FAIR ISLE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Most of the five 4 FAIR ISLE 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 |
---|---|---|---|
2020 21 AUG | £278,000 | £340,175 | 18% below HPI |
2011 26 AUG | £190,000 | £260,148 | 27% below HPI |
2001 28 SEP | £125,000 | £151,431 | 17% below HPI |
1999 29 OCT | £94,500 | £110,170 | 14% below HPI |
1995 3 NOV | £87,750 | £80,205 | 9% above HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The five 4 FAIR ISLE CLOSE sales between November 1995 and August 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 August 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
4 FAIR ISLE CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 4 FAIR ISLE CLOSE lies on this distribution: 27% of detached houses are smaller than 4 FAIR ISLE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Torquay.
4 FAIR ISLE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 4 FAIR ISLE 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 4 FAIR ISLE 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.
4 FAIR ISLE CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 4 on FAIR ISLE CLOSE.