48, STEED CLOSE, PAIGNTON, TQ4 7SN - £390,000

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

48 STEED CLOSE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £390,000 in May 2022, which was around 7% below the average May 2022 detached price in the Torbay local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

48 STEED CLOSE Sold Prices

Land registry data shows two sales for 48 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. One of the two 48 STEED CLOSE sales was for below the average price, whilst the other was 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
2022 27 MAY	£390,000	£420,751	7% below HPI
1995 28 JUL	£89,000	£82,070	8% above HPI

48 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 48 STEED CLOSE sales from July 1995 and May 2022 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 July 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 48 STEED CLOSE?

48 STEED CLOSE is 113m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 48 STEED CLOSE lies on this distribution: 57% of detached houses are smaller than 48 STEED CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Paignton.

48 STEED CLOSE: Plot and Title Map

48 STEED CLOSE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 48 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 48 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 48 STEED CLOSE?

48 STEED CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 48 on STEED CLOSE.