OAKESWELL, RATHMORE ROAD, TORQUAY, TQ2 6NY - £250,000

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.

OAKESWELL is a midsized extended detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £313,958. It was last sold for £250,000 in September 2018, which was around 28% below the average September 2018 detached price in the Torbay local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

OAKESWELL Sold Prices

Land registry data shows two sales for OAKESWELL 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 OAKESWELL 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
2018 10 SEP	£250,000	£346,339	28% below HPI
2008 16 MAY	£195,000	£295,286	34% below HPI

OAKESWELL 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 OAKESWELL sales from May 2008 and September 2018 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 May 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might OAKESWELL be worth now?

OAKESWELL might now be worth an estimated £313,958.

This is based on house price inflation of 25.6%, between September 2018 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 25.6% inflationary increase is applied to the most recent sale price for OAKESWELL of £250,000 on 10th September 2018. For the value to have increased from £250,000 to £313,958 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of OAKESWELL has moved in line with the HPI for detached houses in the Torbay local authority area.
• The September 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of OAKESWELL has not materially changed since September 2018.

How Large is OAKESWELL?

OAKESWELL is 95m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 OAKESWELL lies on this distribution: 40% of detached houses houses are smaller than OAKESWELL, and 60% of houses are larger. Note that EPC data is not available for all properties in Paignton.

OAKESWELL: Plot and Title Map

OAKESWELL sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of OAKESWELL, 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 OAKESWELL). 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 OAKESWELL?

OAKESWELL is located on RATHMORE ROAD in TORQUAY, in the TQ2 postcode district. The below map shows the position of OAKESWELL on RATHMORE ROAD.