MIDVALE, MIDVALE ROAD, PAIGNTON, TQ4 5BD - £222,500

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.

MIDVALE is a small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £304,422. It was last sold for £222,500 in October 2016, which was around 30% below the average October 2016 detached price in the Torbay local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

MIDVALE Sold Prices

Land registry data shows two sales for MIDVALE 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 MIDVALE 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
2016 12 OCT	£222,500	£317,898	30% below HPI
2006 8 JUN	£195,000	£272,388	28% below HPI

MIDVALE 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 MIDVALE sales from June 2006 and October 2016 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might MIDVALE be worth now?

MIDVALE might now be worth an estimated £304,422.

This is based on house price inflation of 36.8%, between October 2016 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 36.8% inflationary increase is applied to the most recent sale price for MIDVALE of £222,500 on 12th October 2016. For the value to have increased from £222,500 to £304,422 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of MIDVALE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The October 2016 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of MIDVALE has not materially changed since October 2016.

How Large is MIDVALE?

MIDVALE is 88m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% 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 MIDVALE lies on this distribution: 31% of detached houses houses are smaller than MIDVALE, and 68% of houses are larger. Note that EPC data is not available for all properties in Paignton.

MIDVALE: Plot and Title Map

MIDVALE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of MIDVALE, 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 MIDVALE). 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 MIDVALE?

MIDVALE is located on MIDVALE ROAD in PAIGNTON, in the TQ4 postcode district. The below map shows the position of MIDVALE on MIDVALE ROAD.