11, ORKNEY CLOSE, TORQUAY, TQ2 7DS - £225,000

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

11 ORKNEY CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £225,000 in July 2016, which was around 27% below the average July 2016 detached price in the Torbay local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

11 ORKNEY CLOSE Sold Prices

Land registry data shows three sales for 11 ORKNEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three 11 ORKNEY CLOSE 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
2016 13 JUL	£225,000	£307,753	27% below HPI
2014 19 DEC	£205,000	£268,528	24% below HPI
1998 19 JUN	£75,500	£95,124	21% below HPI

11 ORKNEY CLOSE 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 three 11 ORKNEY CLOSE sales between June 1998 and July 2016 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 December 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 ORKNEY CLOSE?

11 ORKNEY CLOSE is 74m² according to the EPC inspection conducted in March 2011. 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 11 ORKNEY CLOSE lies on this distribution: 7% of detached houses are smaller than 11 ORKNEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Torquay.

11 ORKNEY CLOSE: Plot and Title Map

11 ORKNEY CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 11 ORKNEY CLOSE, 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 11 ORKNEY CLOSE). 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 11 ORKNEY CLOSE?

11 ORKNEY CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 11 on ORKNEY CLOSE.