5, OLDWAY ROAD, PAIGNTON, TQ3 2TF - £233,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 OLDWAY ROAD is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £233,500 in September 2023, which was around 47% below the average September 2023 detached price in the Torbay local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

5 OLDWAY ROAD Sold Prices

Land registry data shows four sales for 5 OLDWAY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four 5 OLDWAY ROAD 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
2023 29 SEP	£233,500	£436,967	47% below HPI
2019 4 DEC	£135,000	£336,934	60% below HPI
1999 21 OCT	£57,000	£110,170	48% below HPI
1998 8 JUN	£50,000	£95,124	47% below HPI

5 OLDWAY ROAD 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 four 5 OLDWAY ROAD sales between June 1998 and September 2023 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 December 2019 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2023 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 OLDWAY ROAD?

5 OLDWAY ROAD is 73m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 5 OLDWAY ROAD lies on this distribution: 13% of detached houses are smaller than 5 OLDWAY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Paignton.

5 OLDWAY ROAD: Plot and Title Map

5 OLDWAY ROAD sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 5 OLDWAY ROAD, 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 OLDWAY ROAD). 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 OLDWAY ROAD?

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