43, MERLIN WAY, TORQUAY, TQ2 7TE - £325,000

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

43 MERLIN WAY is a small detached house of 107m², built sometime between 1996 and 2002. It was last sold for £325,000 in November 2020, which was around 8% below the average November 2020 detached price in the Torbay local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

43 MERLIN WAY Sold Prices

Land registry data shows three sales for 43 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Two of the three 43 MERLIN WAY sales were for below the average price, whilst one was for above 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
2020 3 NOV	£325,000	£354,943	8% below HPI
2017 17 FEB	£278,000	£309,670	10% below HPI
1999 21 MAY	£108,000	£99,696	8% above HPI

43 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 three 43 MERLIN WAY sales between May 1999 and November 2020 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 February 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 43 MERLIN WAY?

43 MERLIN WAY is 107m² according to the EPC inspection conducted in March 2020. 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 43 MERLIN WAY lies on this distribution: 33% of detached houses are smaller than 43 MERLIN WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Torquay.

43 MERLIN WAY: Plot and Title Map

43 MERLIN WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 43 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 43 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 43 MERLIN WAY?

43 MERLIN WAY is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 43 on MERLIN WAY.