OAK TREE, MANOR GARDENS, PAIGNTON, TQ3 2QU - £399,950

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.

OAK TREE is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £505,384. It was last sold for £399,950 in August 2019, which was around 16% above the average August 2019 detached price in the Torbay local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

OAK TREE Sold Prices

Land registry data shows two sales for OAK TREE 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 OAK TREE sales were for above 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
2019 28 AUG	£399,950	£344,205	16% above HPI
1999 12 AUG	£117,500	£111,180	6% above HPI

OAK TREE 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 OAK TREE sales from August 1999 and August 2019 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 August 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might OAK TREE be worth now?

OAK TREE might now be worth an estimated £505,384.

This is based on house price inflation of 26.4%, between August 2019 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 26.4% inflationary increase is applied to the most recent sale price for OAK TREE of £399,950 on 28th August 2019. For the value to have increased from £399,950 to £505,384 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of OAK TREE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The August 2019 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE has not materially changed since August 2019.

How Large is OAK TREE?

OAK TREE is 114m² according to the EPC inspection conducted in May 2013. 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 OAK TREE lies on this distribution: 58% of detached houses houses are smaller than OAK TREE, and 41% of houses are larger. Note that EPC data is not available for all properties in Paignton.

OAK TREE: Plot and Title Map

OAK TREE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of OAK TREE, 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 OAK TREE). 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 OAK TREE?

OAK TREE is located on MANOR GARDENS in PAIGNTON, in the TQ3 postcode district. The below map shows the position of OAK TREE on MANOR GARDENS.