2, MEAD ROAD, TORQUAY, TQ2 6TE - £765,000

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

2 MEAD ROAD is a very large extended detached house of 280m², built sometime between 1900 and 1929. It was last sold for £765,000 in October 2019, which was around 130% above the average October 2019 detached price in the Torbay local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

2 MEAD ROAD Sold Prices

Land registry data shows two sales for 2 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 2 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
2019 24 OCT	£765,000	£333,056	130% above HPI
2003 7 MAR	£410,000	£202,553	102% above HPI

2 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 2 MEAD ROAD sales from March 2003 and October 2019 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 March 2003 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the October 2019 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is 2 MEAD ROAD?

2 MEAD ROAD is 280m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 2 MEAD ROAD lies on this distribution: 98% of detached houses are smaller than 2 MEAD ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Paignton.

2 MEAD ROAD: Plot and Title Map

2 MEAD ROAD sits on a plot of roughly 0.579 of an acre, or 2,341m². The below map shows the location of 2 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 2 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 2 MEAD ROAD?

2 MEAD ROAD is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 2 on MEAD ROAD.