3, LORING ROAD, SALCOMBE, TQ8 8BL - £248,500

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

3 LORING ROAD is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £248,500 in March 2007, which was around 31% below the average March 2007 detached price in the South Hams local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

3 LORING ROAD Sold Prices

Land registry data shows two sales for 3 LORING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 3 LORING 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
2007 2 MAR	£248,500	£358,063	31% below HPI
1997 17 JUN	£50,000	£110,108	55% below HPI

3 LORING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 3 LORING ROAD sales from June 1997 and March 2007 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 June 1997 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2007 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 LORING ROAD?

3 LORING ROAD is 71m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where 3 LORING ROAD lies on this distribution: 4% of detached houses are smaller than 3 LORING ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

3 LORING ROAD: Plot and Title Map

3 LORING ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 3 LORING 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 3 LORING 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 3 LORING ROAD?

3 LORING ROAD is located in SALCOMBE, in the TQ8 postcode district. The below map shows the position of No. 3 on LORING ROAD.