THE PINES, CECIL AVENUE, PRESTON, PAIGNTON, TQ3 1LW - £387,500

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

THE PINES is a large extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £387,500 in March 2021, which was around 7% above the average March 2021 detached price in the Torbay local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

THE PINES Sold Prices

Land registry data shows four sales for THE PINES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Most of the four THE PINES 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
2021 12 MAR	£387,500	£361,764	7% above HPI
2004 26 FEB	£222,500	£231,067	4% below HPI
2000 29 MAR	£117,000	£116,043	1% above HPI
1997 18 SEP	£116,750	£94,026	24% above HPI

THE PINES 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 four THE PINES sales between September 1997 and March 2021 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 February 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE PINES?

THE PINES is 118m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where THE PINES lies on this distribution: 62% of detached houses are smaller than THE PINES, and 37% of houses are larger. Note that EPC data is not available for all properties in Paignton.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of THE PINES, 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 THE PINES). 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 THE PINES?

THE PINES is located on CECIL AVENUE in PRESTON, in the TQ3 postcode district. The below map shows the position of THE PINES on CECIL AVENUE.