22, MERLIN WAY, TORQUAY, TQ2 7TE - £227,500

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 MERLIN WAY is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £227,500 in April 2014, which was around 16% below the average April 2014 detached price in the Torbay local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

22 MERLIN WAY Sold Prices

Land registry data shows four sales for 22 MERLIN WAY 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. two of the four 22 MERLIN WAY sales were for below the average price, and four 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
2014 15 APR	£227,500	£269,723	16% below HPI
2007 28 AUG	£247,500	£282,775	12% below HPI
2001 30 MAY	£148,500	£141,350	5% above HPI
1999 2 AUG	£113,500	£106,519	7% above HPI

22 MERLIN WAY 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 22 MERLIN WAY sales between August 1999 and April 2014 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 August 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 22 MERLIN WAY?

22 MERLIN WAY is 116m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 22 MERLIN WAY lies on this distribution: 40% of detached houses are smaller than 22 MERLIN WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Torquay.

22 MERLIN WAY: Plot and Title Map

22 MERLIN WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 22 MERLIN WAY, 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 MERLIN WAY). 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 MERLIN WAY?

22 MERLIN WAY is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 22 on MERLIN WAY.