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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SHORTON COTTAGE is a very large extended detached house of 388m², built sometime before 1900. It was last sold for £740,000 in October 2018, which was around 121% 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	£335,131	121% above HPI
1995 26 APR	£180,000	£79,568	126% 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 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the October 2018 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

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 in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where SHORTON COTTAGE lies on this distribution: 99% of detached 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.