21, LAKES ROAD, BRIXHAM, TQ5 8PH - £175,000

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

21 LAKES ROAD is a large extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £175,000 in March 2023, which was around 60% below the average March 2023 detached price in the Torbay local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

21 LAKES ROAD Sold Prices

Land registry data shows three sales for 21 LAKES ROAD 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 21 LAKES ROAD 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
2023 1 MAR	£175,000	£442,897	60% below HPI
2016 24 MAR	£228,000	£296,739	23% below HPI
2013 12 APR	£195,000	£255,907	24% below HPI

21 LAKES 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 three 21 LAKES ROAD sales between April 2013 and March 2023 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 21 LAKES ROAD?

21 LAKES ROAD is 128m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where 21 LAKES ROAD lies on this distribution: 68% of detached houses are smaller than 21 LAKES ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Brixham.

21 LAKES ROAD: Plot and Title Map

21 LAKES ROAD sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 21 LAKES 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 21 LAKES 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 21 LAKES ROAD?

21 LAKES ROAD is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 21 on LAKES ROAD.