2, LAKES CLOSE, BRIXHAM, TQ5 8PJ - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAKES CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £220,000 in September 2016, which was around 28% below the average September 2016 detached price in the Torbay local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

2 LAKES CLOSE Sold Prices

Land registry data shows two sales for 2 LAKES CLOSE 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 2 LAKES 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 2 SEP	£220,000	£307,404	28% below HPI
2002 22 NOV	£135,000	£194,378	31% below HPI

2 LAKES 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 two 2 LAKES CLOSE sales from November 2002 and September 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 November 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 LAKES CLOSE?

2 LAKES CLOSE is 78m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where 2 LAKES CLOSE lies on this distribution: 18% of detached houses are smaller than 2 LAKES CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Brixham.

2 LAKES CLOSE: Plot and Title Map

2 LAKES CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 LAKES 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 2 LAKES 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 2 LAKES CLOSE?

2 LAKES CLOSE is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 2 on LAKES CLOSE.