BANKSIDE, LINCOMBE DRIVE, TORQUAY, TQ1 2LP - £565,000

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

BANKSIDE is a large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £565,000 in April 2021, which was around 53% above the average April 2021 detached price in the Torbay local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Both of the two BANKSIDE 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
2021 6 APR	£565,000	£368,999	53% above HPI
2016 7 JUL	£480,000	£307,753	56% above HPI

BANKSIDE 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 two BANKSIDE sales from July 2016 and April 2021 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 July 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is BANKSIDE?

BANKSIDE is 145m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 BANKSIDE lies on this distribution: 62% of detached houses are smaller than BANKSIDE, and 38% of houses are larger. Note that EPC data is not available for all properties in Torquay.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on LINCOMBE DRIVE in TORQUAY, in the TQ1 postcode district. The below map shows the position of BANKSIDE on LINCOMBE DRIVE.