8, WHITE CLOSE, PRESTON, PAIGNTON, TQ3 1HG - £207,000

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 WHITE CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £323,066. It was last sold for £207,000 in May 2014, which was around 26% below the average May 2014 detached price in the Torbay local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

8 WHITE CLOSE Sold Prices

Land registry data shows three sales for 8 WHITE 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 8 WHITE 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 2 MAY	£207,000	£281,210	26% below HPI
2008 5 JUN	£249,950	£286,480	13% below HPI
2007 19 NOV	£227,500	£295,266	23% below HPI

8 WHITE 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 8 WHITE CLOSE sales between November 2007 and May 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 June 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 WHITE CLOSE be worth now?

8 WHITE CLOSE might now be worth an estimated £323,066.

This is based on house price inflation of 56.1%, between May 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 56.1% inflationary increase is applied to the most recent sale price for 8 WHITE CLOSE of £207,000 on 2nd May 2014. For the value to have increased from £207,000 to £323,066 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 8 WHITE CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The May 2014 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WHITE CLOSE has not materially changed since May 2014.

How Large is 8 WHITE CLOSE?

8 WHITE CLOSE is 76m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 WHITE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 8 WHITE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Paignton.

8 WHITE CLOSE: Plot and Title Map

8 WHITE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 WHITE 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 WHITE 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 WHITE CLOSE?

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