7, FIELD CLOSE, PRESTON, PAIGNTON, TQ3 1ET - £229,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FIELD CLOSE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £350,154. It was last sold for £229,950 in September 2014, which was around 20% below the average September 2014 detached price in the Torbay local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

7 FIELD CLOSE Sold Prices

Land registry data shows six sales for 7 FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the six 7 FIELD 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
2014 25 SEP	£229,950	£288,221	20% below HPI
2002 16 SEP	£149,950	£197,662	24% below HPI
2001 31 MAY	£125,000	£147,535	15% below HPI
2000 17 JUL	£95,000	£131,039	28% below HPI
1999 30 APR	£76,250	£105,212	28% below HPI
1997 15 AUG	£67,750	£97,226	30% below HPI

7 FIELD 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 six 7 FIELD CLOSE sales between August 1997 and September 2014 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 September 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 FIELD CLOSE be worth now?

7 FIELD CLOSE might now be worth an estimated £350,154.

This is based on house price inflation of 52.3%, between September 2014 and December 2024, 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 52.3% inflationary increase is applied to the most recent sale price for 7 FIELD CLOSE of £229,950 on 25th September 2014. For the value to have increased from £229,950 to £350,154 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 FIELD CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The September 2014 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 7 FIELD CLOSE has not materially changed since September 2014.

How Large is 7 FIELD CLOSE?

7 FIELD CLOSE is 90m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% 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 7 FIELD CLOSE lies on this distribution: 34% of detached houses houses are smaller than 7 FIELD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Paignton.

7 FIELD CLOSE: Plot and Title Map

7 FIELD CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 7 FIELD 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 7 FIELD 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 7 FIELD CLOSE?

7 FIELD CLOSE is located in PRESTON, in the TQ3 postcode district. The below map shows the position of No. 7 on FIELD CLOSE.