5, SHETLAND CLOSE, TORQUAY, TQ2 7BH - £308,000

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 SHETLAND CLOSE is a midsized extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £404,942. It was last sold for £308,000 in August 2017, which was around 7% 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.

5 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 5 SHETLAND CLOSE since 1^st 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. All of the three 5 SHETLAND CLOSE 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
2017 25 AUG	£308,000	£330,820	7% below HPI
2006 25 MAY	£249,950	£268,764	7% below HPI
1998 29 MAY	£98,500	£99,832	1% below HPI

5 SHETLAND 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 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2017 sale, which was also at 7% below the HPI.

What might 5 SHETLAND CLOSE be worth now?

5 SHETLAND CLOSE might now be worth an estimated £404,942.

This is based on house price inflation of 31.5%, between August 2017 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 31.5% inflationary increase is applied to the most recent sale price for 5 SHETLAND CLOSE of £308,000 on 25th August 2017. For the value to have increased from £308,000 to £404,942 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 SHETLAND CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The August 2017 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHETLAND CLOSE has not materially changed since August 2017.

How Large is 5 SHETLAND CLOSE?

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 houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torquay, and where 5 SHETLAND CLOSE lies on this distribution: 47% of detached houses 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: Plot and Title Map

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.

Where is 5 SHETLAND CLOSE?

5 SHETLAND CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 5 on SHETLAND CLOSE.