1, LEA ROAD, TORQUAY, TQ2 8NT - £277,000

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

1 LEA ROAD is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £277,000 in October 2018, which was around 17% below the average October 2018 detached price in the Torbay local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

1 LEA ROAD Sold Prices

Land registry data shows four sales for 1 LEA ROAD 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. All of the four 1 LEA ROAD sales were for below 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 26 OCT	£277,000	£335,131	17% below HPI
2006 30 JUN	£211,250	£260,969	19% below HPI
2005 30 NOV	£185,000	£252,182	27% below HPI
1999 24 FEB	£73,000	£101,100	28% below HPI

1 LEA ROAD 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 1 LEA ROAD sales between February 1999 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 June 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 LEA ROAD?

1 LEA ROAD is 74m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 1 LEA ROAD lies on this distribution: 7% of detached houses are smaller than 1 LEA ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Torquay.

1 LEA ROAD: Plot and Title Map

1 LEA ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 LEA ROAD, 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 1 LEA ROAD). 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 1 LEA ROAD?

1 LEA ROAD is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 1 on LEA ROAD.