7, OXLEA CLOSE, TORQUAY, TQ1 2HB - £570,000

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.

7 OXLEA CLOSE is a very large extended detached house of 230m², built sometime between 1950 and 1966, which could now be worth an estimated £672,731. It was last sold for £570,000 in October 2020, which was around 55% above the average October 2020 detached price in the Torbay local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

7 OXLEA CLOSE Sold Prices

Land registry data shows three sales for 7 OXLEA 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 7 OXLEA 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
2020 26 OCT	£570,000	£368,525	55% above HPI
1999 12 MAR	£204,000	£105,508	93% above HPI
1997 15 APR	£105,000	£91,517	15% above HPI

7 OXLEA 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 7 OXLEA CLOSE sales between April 1997 and October 2020 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 March 1999 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the October 2020 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 7 OXLEA CLOSE be worth now?

7 OXLEA CLOSE might now be worth an estimated £672,731.

This is based on house price inflation of 18%, between October 2020 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 18% inflationary increase is applied to the most recent sale price for 7 OXLEA CLOSE of £570,000 on 26th October 2020. For the value to have increased from £570,000 to £672,731 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 OXLEA CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The October 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OXLEA CLOSE has not materially changed since October 2020.

How Large is 7 OXLEA CLOSE?

7 OXLEA CLOSE is 230m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 7 OXLEA CLOSE lies on this distribution: 88% of detached houses houses are smaller than 7 OXLEA CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Torquay.

7 OXLEA CLOSE: Plot and Title Map

7 OXLEA CLOSE sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of 7 OXLEA 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 OXLEA 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 OXLEA CLOSE?

7 OXLEA CLOSE is located in TORQUAY, in the TQ1 postcode district. The below map shows the position of No. 7 on OXLEA CLOSE.