5, RED BROOK CLOSE, PAIGNTON, TQ4 7NU - £325,500

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 RED BROOK CLOSE is a very small extended semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £330,807. It was last sold for £325,500 in May 2022, which was around 16% above the average May 2022 semi-detached price in the Torbay local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

5 RED BROOK CLOSE Sold Prices

Land registry data shows two sales for 5 RED BROOK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. Both of the two 5 RED BROOK CLOSE 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
2022 9 MAY	£325,500	£279,760	16% above HPI
2018 12 JUN	£220,000	£213,981	3% above HPI

5 RED BROOK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torbay local authority area over time, sourced from the HPI. The two 5 RED BROOK CLOSE sales from June 2018 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 June 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 RED BROOK CLOSE be worth now?

5 RED BROOK CLOSE might now be worth an estimated £330,807.

This is based on house price inflation of 1.6%, between May 2022 and February 2025, for semi-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 1.6% inflationary increase is applied to the most recent sale price for 5 RED BROOK CLOSE of £325,500 on 9th May 2022. For the value to have increased from £325,500 to £330,807 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 RED BROOK CLOSE has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The May 2022 sale price of £325,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RED BROOK CLOSE has not materially changed since May 2022.

How Large is 5 RED BROOK CLOSE?

5 RED BROOK CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of semi-detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Paignton, and where 5 RED BROOK CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 5 RED BROOK CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Paignton.

5 RED BROOK CLOSE: Plot and Title Map

5 RED BROOK CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 5 RED BROOK 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 5 RED BROOK 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 5 RED BROOK CLOSE?

5 RED BROOK CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 5 on RED BROOK CLOSE.