16, MEAD ROAD, TORQUAY, TQ2 6TE - £695,000

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

16 MEAD ROAD is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £695,000 in January 2024, which was around 61% above the average January 2024 detached price in the Torbay local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

16 MEAD ROAD Sold Prices

Land registry data shows two sales for 16 MEAD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Both of the two 16 MEAD ROAD sales were for above 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
2024 26 JAN	£695,000	£430,555	61% above HPI
1998 29 MAY	£185,000	£95,647	93% above HPI

16 MEAD 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 two 16 MEAD ROAD sales from May 1998 and January 2024 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 May 1998 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the January 2024 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 16 MEAD ROAD?

16 MEAD ROAD is 181m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where 16 MEAD ROAD lies on this distribution: 91% of detached houses are smaller than 16 MEAD ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Paignton.

16 MEAD ROAD: Plot and Title Map

16 MEAD ROAD sits on a plot of roughly 0.296 of an acre, or 1,197m². The below map shows the location of 16 MEAD 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 16 MEAD 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 16 MEAD ROAD?

16 MEAD ROAD is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 16 on MEAD ROAD.