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 SHETLAND CLOSE is a midsized extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £308,000 in August 2017, which was around 3% below the average August 2017 detached price in the Torbay local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 SHETLAND CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Two of the three 5 SHETLAND CLOSE sales were for below the average price, whilst one 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 |
---|---|---|---|
2017 25 AUG | £308,000 | £316,952 | 3% below HPI |
2006 25 MAY | £249,950 | £257,498 | 3% below HPI |
1998 29 MAY | £98,500 | £95,647 | 3% above HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three 5 SHETLAND CLOSE sales between May 1998 and August 2017 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 May 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2017 sale, which was also at 3% below the HPI.
5 SHETLAND CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 5 SHETLAND CLOSE lies on this distribution: 47% of detached houses are smaller than 5 SHETLAND CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Torquay.
5 SHETLAND CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 5 SHETLAND 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 SHETLAND 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.
5 SHETLAND CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 5 on SHETLAND CLOSE.