22, LOWER REA ROAD, BRIXHAM, TQ5 9UD - £418,000

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

22 LOWER REA ROAD is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £418,000 in August 2019, which was around 27% above the average August 2019 detached price in the Torbay local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

22 LOWER REA ROAD Sold Prices

Land registry data shows two sales for 22 LOWER REA 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. One of the two 22 LOWER REA ROAD sales was for above the average price, whilst the other was 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
2019 12 AUG	£418,000	£329,775	27% above HPI
2003 24 JAN	£162,000	£200,019	19% below HPI

22 LOWER REA 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 22 LOWER REA ROAD sales from January 2003 and August 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 January 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 22 LOWER REA ROAD?

22 LOWER REA ROAD is 142m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 22 LOWER REA ROAD lies on this distribution: 76% of detached houses are smaller than 22 LOWER REA ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Brixham.

22 LOWER REA ROAD: Plot and Title Map

22 LOWER REA ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 22 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 22 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.

Where is 22 LOWER REA ROAD?

22 LOWER REA ROAD is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 22 on LOWER REA ROAD.