4, STEED CLOSE, PAIGNTON, TQ4 7SN - £256,000

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.

4 STEED CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £324,466. It was last sold for £256,000 in February 2018, which was around 25% below the average February 2018 detached price in the Torbay local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

4 STEED CLOSE Sold Prices

Land registry data shows two sales for 4 STEED 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 4 STEED 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
2018 28 FEB	£256,000	£343,166	25% below HPI
2014 17 JAN	£185,000	£275,356	33% below HPI

4 STEED 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 4 STEED CLOSE sales from January 2014 and February 2018 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 January 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 STEED CLOSE be worth now?

4 STEED CLOSE might now be worth an estimated £324,466.

This is based on house price inflation of 26.7%, between February 2018 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 26.7% inflationary increase is applied to the most recent sale price for 4 STEED CLOSE of £256,000 on 28th February 2018. For the value to have increased from £256,000 to £324,466 over the seven years to February 2025, the following assumptions must hold true:

• The value of 4 STEED CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The February 2018 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STEED CLOSE has not materially changed since February 2018.

How Large is 4 STEED CLOSE?

4 STEED CLOSE is 74m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% 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 4 STEED CLOSE lies on this distribution: 13% of detached houses houses are smaller than 4 STEED CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Paignton.

4 STEED CLOSE: Plot and Title Map

4 STEED CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 4 STEED 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 STEED 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 4 STEED CLOSE?

4 STEED CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 4 on STEED CLOSE.