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 LOWER REA ROAD is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £167,500 in August 2002, which was around 8% below the average August 2002 detached price in the Torbay local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows three sales for 21 LOWER REA ROAD since 1st 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 LOWER REA 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 |
---|---|---|---|
2002 20 AUG | £167,500 | £181,722 | 8% below HPI |
2000 17 JAN | £100,000 | £110,810 | 10% below HPI |
1995 3 OCT | £78,000 | £80,999 | 4% below HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three 21 LOWER REA ROAD sales between October 1995 and August 2002 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 January 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2002 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
21 LOWER REA ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% 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 LOWER REA ROAD lies on this distribution: 29% of detached houses are smaller than 21 LOWER REA ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Brixham.
21 LOWER REA ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 21 LOWER REA 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 LOWER REA 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.
21 LOWER REA ROAD is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 21 on LOWER REA ROAD.