28, LOWER REA ROAD, BRIXHAM, TQ5 9UD - £420,000

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

28 LOWER REA ROAD is a midsized extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £420,000 in May 2022, which was about the average May 2022 detached price in the Torbay local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

28 LOWER REA ROAD Sold Prices

Land registry data shows four sales for 28 LOWER REA ROAD 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. The four 28 LOWER REA ROAD sales were a mix of roughly equal to the average price, and 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
2022 3 MAY	£420,000	£420,751	Close to HPI
2010 4 NOV	£235,000	£261,514	10% below HPI
2000 16 MAR	£110,000	£116,043	5% below HPI
1999 20 JAN	£91,000	£99,569	9% below HPI

28 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 four 28 LOWER REA ROAD sales between January 1999 and May 2022 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 November 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 28 LOWER REA ROAD?

28 LOWER REA ROAD is 98m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where 28 LOWER REA ROAD lies on this distribution: 41% of detached houses are smaller than 28 LOWER REA ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Brixham.

28 LOWER REA ROAD: Plot and Title Map

28 LOWER REA ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 28 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 28 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 28 LOWER REA ROAD?

28 LOWER REA ROAD is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 28 on LOWER REA ROAD.