PINE COTTAGE, WADDETON ROAD, PAIGNTON, TQ4 7BJ - £725,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PINE COTTAGE is a very large extended detached house of 277m², built sometime between 1983 and 1990. It was last sold for £725,000 in October 2023, which was around 66% above the average October 2023 detached price in the Torbay local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

PINE COTTAGE Sold Prices

Land registry data shows two sales for PINE COTTAGE 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 PINE COTTAGE 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
2023 11 OCT	£725,000	£435,621	66% above HPI
2021 24 JUN	£465,000	£372,052	25% above HPI

PINE COTTAGE 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 PINE COTTAGE sales from June 2021 and October 2023 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 2021 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2023 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is PINE COTTAGE?

PINE COTTAGE is 277m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where PINE COTTAGE lies on this distribution: 98% of detached houses are smaller than PINE COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Paignton.

PINE COTTAGE: Plot and Title Map

PINE COTTAGE sits on a plot of roughly 0.249 of an acre, or 1,008m². The below map shows the location of PINE COTTAGE, 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 PINE COTTAGE). 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 PINE COTTAGE?

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