45, MERLIN WAY, TORQUAY, TQ2 7TE - £263,000

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

45 MERLIN WAY is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £263,000 in October 2014, which was around 4% below the average October 2014 detached price in the Torbay local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

45 MERLIN WAY Sold Prices

Land registry data shows three sales for 45 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 45 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
2014 6 OCT	£263,000	£273,071	4% below HPI
2008 7 NOV	£232,500	£248,102	6% below HPI
1999 19 MAR	£109,000	£101,085	8% above HPI

45 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 45 MERLIN WAY sales between March 1999 and October 2014 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 45 MERLIN WAY?

45 MERLIN WAY is 104m² according to the EPC inspection conducted in October 2023. 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 45 MERLIN WAY lies on this distribution: 30% of detached houses are smaller than 45 MERLIN WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Torquay.

45 MERLIN WAY: Plot and Title Map

45 MERLIN WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 45 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 45 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 45 MERLIN WAY?

45 MERLIN WAY is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 45 on MERLIN WAY.