11, PENN LANE, BRIXHAM, TQ5 9NR - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 PENN LANE is a midsized extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £365,871. It was last sold for £310,000 in October 2020, which was around 16% 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.

11 PENN LANE Sold Prices

Land registry data shows three sales for 11 PENN LANE 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 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	£368,525	16% below HPI
2006 7 AUG	£183,000	£272,346	33% below HPI
2002 26 FEB	£153,000	£162,141	6% below HPI

11 PENN LANE 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 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 PENN LANE be worth now?

11 PENN LANE might now be worth an estimated £365,871.

This is based on house price inflation of 18%, between October 2020 and February 2025, for 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 18% inflationary increase is applied to the most recent sale price for 11 PENN LANE of £310,000 on 20th October 2020. For the value to have increased from £310,000 to £365,871 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 PENN LANE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The October 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PENN LANE has not materially changed since October 2020.

How Large is 11 PENN LANE?

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 houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brixham, and where 11 PENN LANE lies on this distribution: 48% of detached houses 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: Plot and Title Map

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.

Where is 11 PENN LANE?

11 PENN LANE is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 11 on PENN LANE.