5, LAURA GROVE, PAIGNTON, TQ3 2LR - £585,000

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.

5 LAURA GROVE is a very large extended detached house of 202m², built sometime between 1930 and 1949, which could now be worth an estimated £655,220. It was last sold for £585,000 in June 2021, which was around 51% above the average June 2021 detached price in the Torbay local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

5 LAURA GROVE Sold Prices

Land registry data shows two sales for 5 LAURA GROVE 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 5 LAURA GROVE sales 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
2021 30 JUN	£585,000	£388,331	51% above HPI
2009 13 JUL	£270,000	£245,265	10% above HPI

5 LAURA GROVE 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 5 LAURA GROVE sales from July 2009 and June 2021 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 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 5 LAURA GROVE be worth now?

5 LAURA GROVE might now be worth an estimated £655,220.

This is based on house price inflation of 12%, between June 2021 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 12% inflationary increase is applied to the most recent sale price for 5 LAURA GROVE of £585,000 on 30th June 2021. For the value to have increased from £585,000 to £655,220 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 LAURA GROVE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The June 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAURA GROVE has not materially changed since June 2021.

How Large is 5 LAURA GROVE?

5 LAURA GROVE is 202m², which includes four extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 5 LAURA GROVE lies on this distribution: 94% of detached houses houses are smaller than 5 LAURA GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Paignton.

5 LAURA GROVE: Plot and Title Map

5 LAURA GROVE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 5 LAURA GROVE, 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 5 LAURA GROVE). 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 5 LAURA GROVE?

5 LAURA GROVE is located in PAIGNTON, in the TQ3 postcode district. The below map shows the position of No. 5 on LAURA GROVE.