10, MERLIN WAY, TORQUAY, TQ2 7TE - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MERLIN WAY is a very small semi-detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £228,481. It was last sold for £135,000 in January 2012, which was around 21% below the average January 2012 semi-detached price in the Torbay local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

10 MERLIN WAY Sold Prices

Land registry data shows two sales for 10 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Torbay local authority area for the corresponding sale date. Both of the two 10 MERLIN WAY 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
2012 20 JAN	£135,000	£169,920	21% below HPI
1997 20 OCT	£55,950	£59,550	6% below HPI

10 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torbay local authority area over time, sourced from the HPI. The two 10 MERLIN WAY sales from October 1997 and January 2012 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 October 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 10 MERLIN WAY be worth now?

10 MERLIN WAY might now be worth an estimated £228,481.

This is based on house price inflation of 69.2%, between January 2012 and December 2024, for semi-detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.2% inflationary increase is applied to the most recent sale price for 10 MERLIN WAY of £135,000 on 20th January 2012. For the value to have increased from £135,000 to £228,481 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of 10 MERLIN WAY has moved in line with the HPI for semi-detached houses in the Torbay local authority area.
• The January 2012 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MERLIN WAY has not materially changed since January 2012.

How Large is 10 MERLIN WAY?

10 MERLIN WAY is 60m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Torquay, and where 10 MERLIN WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 10 MERLIN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Torquay.

10 MERLIN WAY: Plot and Title Map

10 MERLIN WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 10 MERLIN WAY, 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 10 MERLIN WAY). 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 10 MERLIN WAY?

10 MERLIN WAY is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 10 on MERLIN WAY.