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
5 DRAKES COURT is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £185,000 in May 2024, which was around 55% below the average May 2024 detached price in the Torbay local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 5 DRAKES COURT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four 5 DRAKES COURT 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 |
---|---|---|---|
2024 7 MAY | £185,000 | £414,623 | 55% below HPI |
2016 4 NOV | £150,000 | £307,073 | 51% below HPI |
2004 24 SEP | £139,950 | £249,422 | 44% below HPI |
1999 19 FEB | £52,500 | £101,100 | 48% below HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The four 5 DRAKES COURT sales between February 1999 and May 2024 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 2016 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the May 2024 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.
5 DRAKES COURT is 60m² according to the EPC inspection conducted in December 2023. 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 5 DRAKES COURT lies on this distribution: 2% of detached houses are smaller than 5 DRAKES COURT, and 98% of houses are larger. Note that EPC data is not available for all properties in Torquay.
5 DRAKES COURT sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 5 DRAKES COURT, 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 5 DRAKES COURT). 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.
5 DRAKES COURT is located on BAREWELL ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of 5 DRAKES COURT on BAREWELL ROAD.