2, PENN MEADOWS CLOSE, BRIXHAM, TQ5 9PS - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PENN MEADOWS CLOSE is a large detached house of 144m², built sometime between 2003 and 2006, which could now be worth an estimated £562,714. It was last sold for £475,000 in November 2020, which was around 28% above the average November 2020 detached price in the Torbay local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 PENN MEADOWS CLOSE Sold Prices

Land registry data shows four sales for 2 PENN MEADOWS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four 2 PENN MEADOWS 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
2020 5 NOV	£475,000	£370,474	28% above HPI
2017 20 OCT	£425,000	£336,290	26% above HPI
2011 14 OCT	£295,000	£271,111	9% above HPI
2003 31 OCT	£260,000	£226,513	15% above HPI

2 PENN MEADOWS 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 four 2 PENN MEADOWS CLOSE sales between October 2003 and November 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 October 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 PENN MEADOWS CLOSE be worth now?

2 PENN MEADOWS CLOSE might now be worth an estimated £562,714.

This is based on house price inflation of 18.5%, between November 2020 and December 2024, 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 18.5% inflationary increase is applied to the most recent sale price for 2 PENN MEADOWS CLOSE of £475,000 on 5th November 2020. For the value to have increased from £475,000 to £562,714 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 PENN MEADOWS CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The November 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENN MEADOWS CLOSE has not materially changed since November 2020.

How Large is 2 PENN MEADOWS CLOSE?

2 PENN MEADOWS CLOSE is 144m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% 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 2 PENN MEADOWS CLOSE lies on this distribution: 77% of detached houses houses are smaller than 2 PENN MEADOWS CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Brixham.

2 PENN MEADOWS CLOSE: Plot and Title Map

2 PENN MEADOWS CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 2 PENN MEADOWS 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 PENN MEADOWS 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 PENN MEADOWS CLOSE?

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