8, ORESTONE DRIVE, MAIDENCOMBE, TORQUAY, TQ1 4TX - £390,000

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

8 ORESTONE DRIVE is a midsized detached house of 135m², built sometime between 1996 and 2002. It was last sold for £390,000 in August 2016, which was around 25% above the average August 2016 detached price in the Torbay local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

8 ORESTONE DRIVE Sold Prices

Land registry data shows four sales for 8 ORESTONE DRIVE since 1^st 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 8 ORESTONE DRIVE 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
2016 12 AUG	£390,000	£312,685	25% above HPI
2015 4 AUG	£410,000	£288,906	42% above HPI
2003 24 JUN	£292,500	£207,801	41% above HPI
1999 7 APR	£170,000	£100,802	69% above HPI

8 ORESTONE DRIVE 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 four 8 ORESTONE DRIVE sales between April 1999 and August 2016 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 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 ORESTONE DRIVE?

8 ORESTONE DRIVE is 135m² according to the EPC inspection conducted in May 2024. This puts it in the largest 50% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 8 ORESTONE DRIVE lies on this distribution: 54% of detached houses are smaller than 8 ORESTONE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Torquay.

8 ORESTONE DRIVE: Plot and Title Map

8 ORESTONE DRIVE sits on a plot of roughly 0.133 of an acre, or 536m². The below map shows the location of 8 ORESTONE DRIVE, 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 8 ORESTONE DRIVE). 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 8 ORESTONE DRIVE?

8 ORESTONE DRIVE is located in MAIDENCOMBE, in the TQ1 postcode district. The below map shows the position of No. 8 on ORESTONE DRIVE.