8, CHARTWELL CLOSE, PAIGNTON, TQ3 3LT - £292,000

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.

8 CHARTWELL CLOSE is a midsized extended detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £327,050. It was last sold for £292,000 in June 2021, which was around 25% below the average June 2021 detached price in the Torbay local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

8 CHARTWELL CLOSE Sold Prices

Land registry data shows two sales for 8 CHARTWELL 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. One of the two 8 CHARTWELL CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2021 16 JUN	£292,000	£388,331	25% below HPI
1999 26 APR	£104,950	£105,212	Close to HPI

8 CHARTWELL 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 8 CHARTWELL CLOSE sales from April 1999 and June 2021 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 April 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 CHARTWELL CLOSE be worth now?

8 CHARTWELL CLOSE might now be worth an estimated £327,050.

This is based on house price inflation of 12%, between June 2021 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 12% inflationary increase is applied to the most recent sale price for 8 CHARTWELL CLOSE of £292,000 on 16th June 2021. For the value to have increased from £292,000 to £327,050 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 CHARTWELL CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The June 2021 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHARTWELL CLOSE has not materially changed since June 2021.

How Large is 8 CHARTWELL CLOSE?

8 CHARTWELL CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 8 CHARTWELL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 8 CHARTWELL CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Paignton.

8 CHARTWELL CLOSE: Plot and Title Map

8 CHARTWELL CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 8 CHARTWELL 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 8 CHARTWELL 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 8 CHARTWELL CLOSE?

8 CHARTWELL CLOSE is located in PAIGNTON, in the TQ3 postcode district. The below map shows the position of No. 8 on CHARTWELL CLOSE.