Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 PEASLAND ROAD is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £310,000 in March 2021, which was around 14% below the average March 2021 detached price in the Torbay local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 24 PEASLAND ROAD since 1st 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 24 PEASLAND 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 |
---|---|---|---|
2021 18 MAR | £310,000 | £361,764 | 14% below HPI |
2016 31 AUG | £215,000 | £312,685 | 31% below HPI |
2002 20 SEP | £159,950 | £189,376 | 16% below HPI |
1995 8 SEP | £75,000 | £81,336 | 8% below HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The four 24 PEASLAND ROAD sales between September 1995 and March 2021 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 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
24 PEASLAND ROAD is 83m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 24 PEASLAND ROAD lies on this distribution: 14% of detached houses are smaller than 24 PEASLAND ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Torquay.
24 PEASLAND ROAD sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 24 PEASLAND 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 24 PEASLAND 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.
24 PEASLAND ROAD is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 24 on PEASLAND ROAD.