3, FAIRWAY COTTAGES, HARTOP ROAD, TORQUAY, TQ1 4QQ - £53,000

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

3 FAIRWAY COTTAGES is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £53,000 in October 1998, which was around 45% below the average October 1998 detached price in the Torbay local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

3 FAIRWAY COTTAGES Sold Prices

Land registry data shows two sales for 3 FAIRWAY COTTAGES 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. Both of the two 3 FAIRWAY COTTAGES 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
1998 15 OCT	£53,000	£95,922	45% below HPI
1996 24 MAY	£49,250	£81,105	39% below HPI

3 FAIRWAY COTTAGES 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 3 FAIRWAY COTTAGES sales from May 1996 and October 1998 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 May 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 1998 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 FAIRWAY COTTAGES?

3 FAIRWAY COTTAGES is 72m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 3 FAIRWAY COTTAGES lies on this distribution: 6% of detached houses are smaller than 3 FAIRWAY COTTAGES, and 94% of houses are larger. Note that EPC data is not available for all properties in Torquay.

3 FAIRWAY COTTAGES: Plot and Title Map

3 FAIRWAY COTTAGES sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 3 FAIRWAY COTTAGES, 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 3 FAIRWAY COTTAGES). 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 3 FAIRWAY COTTAGES?

3 FAIRWAY COTTAGES is located on HARTOP ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of 3 FAIRWAY COTTAGES on HARTOP ROAD.