6, SILVER BRIDGE CLOSE, PAIGNTON, TQ4 7NW - £215,000

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.

6 SILVER BRIDGE CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £297,280. It was last sold for £215,000 in December 2015, which was around 32% below the average December 2015 detached price in the Torbay local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

6 SILVER BRIDGE CLOSE Sold Prices

Land registry data shows two sales for 6 SILVER BRIDGE CLOSE 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 6 SILVER BRIDGE 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
2015 4 DEC	£215,000	£314,562	32% below HPI
2014 7 MAY	£170,000	£281,210	40% below HPI

6 SILVER BRIDGE 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 two 6 SILVER BRIDGE CLOSE sales from May 2014 and December 2015 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 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 6 SILVER BRIDGE CLOSE be worth now?

6 SILVER BRIDGE CLOSE might now be worth an estimated £297,280.

This is based on house price inflation of 38.3%, between December 2015 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 38.3% inflationary increase is applied to the most recent sale price for 6 SILVER BRIDGE CLOSE of £215,000 on 4th December 2015. For the value to have increased from £215,000 to £297,280 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 SILVER BRIDGE CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The December 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SILVER BRIDGE CLOSE has not materially changed since December 2015.

How Large is 6 SILVER BRIDGE CLOSE?

6 SILVER BRIDGE CLOSE is 69m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 6 SILVER BRIDGE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 6 SILVER BRIDGE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Paignton.

6 SILVER BRIDGE CLOSE: Plot and Title Map

6 SILVER BRIDGE CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 6 SILVER BRIDGE 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 6 SILVER BRIDGE 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 6 SILVER BRIDGE CLOSE?

6 SILVER BRIDGE CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 6 on SILVER BRIDGE CLOSE.