SHORTON COTTAGE, SHORTON ROAD, PRESTON, PAIGNTON, TQ3 1RF - £740,000

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.

SHORTON COTTAGE is a very large extended detached house of 388m², built sometime before 1900, which could now be worth an estimated £920,135. It was last sold for £740,000 in October 2018, which was around 112% above the average October 2018 detached price in the Torbay local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

SHORTON COTTAGE Sold Prices

Land registry data shows two sales for SHORTON 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 SHORTON 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
2018 16 OCT	£740,000	£349,795	112% above HPI
1995 26 APR	£180,000	£83,049	117% above HPI

SHORTON 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 SHORTON COTTAGE sales from April 1995 and October 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 April 1995 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the October 2018 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might SHORTON COTTAGE be worth now?

SHORTON COTTAGE might now be worth an estimated £920,135.

This is based on house price inflation of 24.3%, between October 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 24.3% inflationary increase is applied to the most recent sale price for SHORTON COTTAGE of £740,000 on 16th October 2018. For the value to have increased from £740,000 to £920,135 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of SHORTON COTTAGE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The October 2018 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of SHORTON COTTAGE has not materially changed since October 2018.

How Large is SHORTON COTTAGE?

SHORTON COTTAGE is 388m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% 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 SHORTON COTTAGE lies on this distribution: 99% of detached houses houses are smaller than SHORTON COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Paignton.

SHORTON COTTAGE: Plot and Title Map

SHORTON COTTAGE sits on a plot of roughly 2.2 acres, or 8,770m². The below map shows the location of SHORTON 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 SHORTON 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 SHORTON COTTAGE?

SHORTON COTTAGE is located on SHORTON ROAD in PRESTON, in the TQ3 postcode district. The below map shows the position of SHORTON COTTAGE on SHORTON ROAD.