VILLA OCEANA, CROSSWAY, GOODRINGTON, PAIGNTON, TQ4 6NJ - £615,000

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

VILLA OCEANA is a large extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £615,000 in December 2021, which was around 52% above the average December 2021 detached price in the Torbay local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

VILLA OCEANA Sold Prices

Land registry data shows two sales for VILLA OCEANA 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 VILLA OCEANA 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 9 DEC	£615,000	£405,587	52% above HPI
2003 28 APR	£230,000	£202,036	14% above HPI

VILLA OCEANA 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 VILLA OCEANA sales from April 2003 and December 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 April 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is VILLA OCEANA?

VILLA OCEANA is 122m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 VILLA OCEANA lies on this distribution: 65% of detached houses are smaller than VILLA OCEANA, and 34% of houses are larger. Note that EPC data is not available for all properties in Paignton.

VILLA OCEANA: Plot and Title Map

VILLA OCEANA sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of VILLA OCEANA, 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 VILLA OCEANA). 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 VILLA OCEANA?

VILLA OCEANA is located on CROSSWAY in GOODRINGTON, in the TQ4 postcode district. The below map shows the position of VILLA OCEANA on CROSSWAY.