2, Love Lane Close
2, Love Lane Close
Description & Estimates
2, Love Lane Close, Paignton is recorded publicly as a mid-century freehold house across 1,237 ft2 of internal area, sitting on a 845 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Love Lane Close, Paignton is £521,764 and its rental estimate is £1,492 per month, given the available information and assuming reasonable condition.
Love Lane Close, Marldon, Paignton, TQ3 falls within the TQ3 postal district, in the borough of South Hams.
Our Data Sources
2, Love Lane Close, Paignton has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated May 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Love Lane Close, Paignton, we estimate a market value of £547,852 and a rental value of £1,567 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £485,240 and £1,388 per month respectively.
Recent Market Change
Over the last year, 2, Love Lane Close, Paignton has seen its estimated sale value fall by £17,214 (3.3%) and its estimated rental value move up by £50 per month (3.3%). This results in an estimated gross rental yield of 3.4%.
Plot Size
HM Land Registry records the plot of land for 2, Love Lane Close, Paignton as measuring 845 m2.
That makes it the 5th largest plot in the postcode, where 11 of the 13 other houses have recorded plot data.
Energy Efficiency
2, Love Lane Close, Paignton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Love Lane Close, Paignton completed on 24th October 2014 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.1% over the period since October 2014.
- Sold Oct 2014£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Love Lane Close, Paignton have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd November 2023, was 10, Love Lane Close, Paignton, TQ3 1TH, a freehold house which sold for £550,000.
Read more about house prices in TQ3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on Love Lane Close, Marldon, Paignton, TQ3, 2, Love Lane Close, Paignton comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £259k more expensive than the average property across the TQ3 district.
More reading links
Schools Nearby
- 400mMarldon Church of England Primary School
- 2.2kmKings Ash Academy
- 2.9kmOldway Primary School
- 3.3kmTorquay Boys' Grammar School
- 3.5kmPaignton Academy
- 3.6kmTorquay Girls' Grammar School
More reading links
Public Transport Nearby
From 2, Love Lane Close, Paignton, the nearest station is Paignton, 3.7 kilometres away.
- 3.7kmPaignton
- 3.7kmTorquay
- 3.8kmTorre
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
