26, MERLIN WAY, TORQUAY, TQ2 7TE - £195,000

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

26 MERLIN WAY is a small extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £195,000 in May 2010, which was around 26% below the average May 2010 detached price in the Torbay local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

26 MERLIN WAY Sold Prices

Land registry data shows four sales for 26 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. All of the four 26 MERLIN WAY 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
2010 18 MAY	£195,000	£262,366	26% below HPI
2005 14 JAN	£190,000	£253,521	25% below HPI
2001 14 FEB	£116,000	£132,849	13% below HPI
1998 11 DEC	£89,000	£98,008	9% below HPI

26 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 26 MERLIN WAY sales between December 1998 and May 2010 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 26 MERLIN WAY?

26 MERLIN WAY is 113m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 26 MERLIN WAY lies on this distribution: 38% of detached houses are smaller than 26 MERLIN WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Torquay.

26 MERLIN WAY: Plot and Title Map

26 MERLIN WAY sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of 26 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 26 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 26 MERLIN WAY?

26 MERLIN WAY is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 26 on MERLIN WAY.