8, GRAMPIAN CLOSE, PAIGNTON, TQ4 7GD - £375,000

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

8 GRAMPIAN CLOSE is a midsized extended detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £358,262. It was last sold for £375,000 in April 2023, which was around 18% below the average April 2023 detached price in the Torbay local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

8 GRAMPIAN CLOSE Sold Prices

Land registry data shows five sales for 8 GRAMPIAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the five 8 GRAMPIAN 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
2023 18 APR	£375,000	£459,391	18% below HPI
2013 18 OCT	£230,000	£274,870	16% below HPI
2005 19 AUG	£235,750	£263,407	10% below HPI
2003 14 AUG	£208,000	£223,967	7% below HPI
2001 10 SEP	£149,950	£158,057	5% below HPI

8 GRAMPIAN 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 five 8 GRAMPIAN CLOSE sales between September 2001 and April 2023 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 October 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 GRAMPIAN CLOSE be worth now?

8 GRAMPIAN CLOSE might now be worth an estimated £358,262.

This is based on house price deflation of 4.5%, between April 2023 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 4.5% deflationary decrease is applied to the most recent sale price for 8 GRAMPIAN CLOSE of £375,000 on 18th April 2023. For the value to have decreased from £375,000 to £358,262 over the four months to December 2024, the following assumptions must hold true:

• The value of 8 GRAMPIAN CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The April 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRAMPIAN CLOSE has not materially changed since April 2023.

How Large is 8 GRAMPIAN CLOSE?

8 GRAMPIAN CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 GRAMPIAN CLOSE lies on this distribution: 52% of detached houses houses are smaller than 8 GRAMPIAN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Paignton.

8 GRAMPIAN CLOSE: Plot and Title Map

8 GRAMPIAN CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 GRAMPIAN 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 GRAMPIAN 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 GRAMPIAN CLOSE?

8 GRAMPIAN CLOSE is located in PAIGNTON, in the TQ4 postcode district. The below map shows the position of No. 8 on GRAMPIAN CLOSE.