CEDAR HOUSE, CASTOR LANE, PAIGNTON, TQ4 7LQ - £460,000

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.

CEDAR HOUSE is a very small detached house of 79m², which could now be worth an estimated £430,197. It was last sold for £460,000 in September 2022, which was around 1% below the average September 2022 detached price in the Torbay local authority area. The most recent EPC inspection was January 2013, where the current energy rating was B, and the potential energy rating was B.

CEDAR HOUSE Sold Prices

Land registry data shows two sales for CEDAR HOUSE 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. Both of the two CEDAR HOUSE 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
2022 12 SEP	£460,000	£465,076	1% below HPI
2015 16 JAN	£272,500	£284,803	4% below HPI

CEDAR HOUSE 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 CEDAR HOUSE sales from January 2015 and September 2022 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 January 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might CEDAR HOUSE be worth now?

CEDAR HOUSE might now be worth an estimated £430,197.

This is based on house price deflation of 6.5%, between September 2022 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 6.5% deflationary decrease is applied to the most recent sale price for CEDAR HOUSE of £460,000 on 12th September 2022. For the value to have decreased from £460,000 to £430,197 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of CEDAR HOUSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The September 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR HOUSE has not materially changed since September 2022.

How Large is CEDAR HOUSE?

CEDAR HOUSE is 79m² according to the EPC inspection conducted in January 2013. 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 CEDAR HOUSE lies on this distribution: 19% of detached houses houses are smaller than CEDAR HOUSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Paignton.

CEDAR HOUSE: Plot and Title Map

CEDAR HOUSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of CEDAR HOUSE, 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 CEDAR HOUSE). 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 CEDAR HOUSE?

CEDAR HOUSE is located on CASTOR LANE in PAIGNTON, in the TQ4 postcode district. The below map shows the position of CEDAR HOUSE on CASTOR LANE.