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 PENN LANE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £310,000 in October 2020, which was around 12% below the average October 2020 detached price in the Torbay local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 11 PENN LANE since 1st 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 PENN LANE 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 |
---|---|---|---|
2020 20 OCT | £310,000 | £353,077 | 12% below HPI |
2006 7 AUG | £183,000 | £260,929 | 30% below HPI |
2002 26 FEB | £153,000 | £155,344 | 2% below HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three 11 PENN LANE sales between February 2002 and October 2020 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 August 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
11 PENN LANE is 106m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where 11 PENN LANE lies on this distribution: 48% of detached houses are smaller than 11 PENN LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Brixham.
11 PENN LANE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 11 PENN LANE, 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 PENN LANE). 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.
11 PENN LANE is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 11 on PENN LANE.