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
3 PACKHALL LANE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2022, which was around 23% below the average May 2022 detached price in the Torbay local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 PACKHALL LANE since 1st 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 PACKHALL LANE 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 |
---|---|---|---|
2022 12 MAY | £325,000 | £420,751 | 23% below HPI |
2017 27 JAN | £180,000 | £310,108 | 42% below HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The two 3 PACKHALL LANE sales from January 2017 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 January 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
3 PACKHALL LANE is 77m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where 3 PACKHALL LANE lies on this distribution: 17% of detached houses are smaller than 3 PACKHALL LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Brixham.
3 PACKHALL LANE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 PACKHALL LANE, 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 PACKHALL LANE). 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.
3 PACKHALL LANE is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 3 on PACKHALL LANE.