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
5 THE RIVIERA is a large extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £540,000 in June 2023, which was around 25% above the average June 2023 detached price in the Torbay local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 THE RIVIERA 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 THE RIVIERA sales were 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 |
---|---|---|---|
2023 22 JUN | £540,000 | £432,534 | 25% above HPI |
2005 31 AUG | £395,000 | £252,365 | 57% above HPI |
2003 13 OCT | £355,000 | £217,017 | 64% above HPI |
1999 23 JUN | £249,500 | £100,638 | 148% above 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 THE RIVIERA sales between June 1999 and June 2023 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 August 2005 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
5 THE RIVIERA is 143m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 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 5 THE RIVIERA lies on this distribution: 60% of detached houses are smaller than 5 THE RIVIERA, and 39% of houses are larger. Note that EPC data is not available for all properties in Torquay.
5 THE RIVIERA sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 5 THE RIVIERA, 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 THE RIVIERA). 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 THE RIVIERA is located in TORQUAY, in the TQ1 postcode district. The below map shows the position of No. 5 on THE RIVIERA.