2, OXLEA CLOSE, TORQUAY, TQ1 2HB - £520,000

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 OXLEA CLOSE is a large detached house of 164m², built sometime between 1950 and 1966. It was last sold for £520,000 in July 2019, which was around 58% above the average July 2019 detached price in the Torbay local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 OXLEA CLOSE Sold Prices

Land registry data shows three sales for 2 OXLEA CLOSE 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 2 OXLEA CLOSE 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 2 JUL	£520,000	£329,258	58% above HPI
2011 24 MAY	£395,000	£253,562	56% above HPI
2001 1 JUN	£210,000	£141,506	48% above HPI

2 OXLEA 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 three 2 OXLEA CLOSE sales between June 2001 and July 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 May 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2019 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 OXLEA CLOSE?

2 OXLEA CLOSE is 164m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 2 OXLEA CLOSE lies on this distribution: 72% of detached houses are smaller than 2 OXLEA CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Torquay.

2 OXLEA CLOSE: Plot and Title Map

2 OXLEA CLOSE sits on a plot of roughly 0.265 of an acre, or 1,071m². The below map shows the location of 2 OXLEA 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 OXLEA 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 OXLEA CLOSE?

2 OXLEA CLOSE is located in TORQUAY, in the TQ1 postcode district. The below map shows the position of No. 2 on OXLEA CLOSE.