CAVERN LODGE, CAVERN ROAD, BRIXHAM, TQ5 9RR - £277,000

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

CAVERN LODGE is a small detached house of 95m², built sometime between 1900 and 1929. It was last sold for £277,000 in January 2020, which was around 18% below the average January 2020 detached price in the Torbay local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

CAVERN LODGE Sold Prices

Land registry data shows four sales for CAVERN LODGE 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 CAVERN LODGE 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
2020 8 JAN	£277,000	£339,137	18% below HPI
2006 27 APR	£182,500	£253,703	28% below HPI
2001 26 OCT	£95,000	£151,391	37% below HPI
1997 3 DEC	£43,999	£93,864	53% below HPI

CAVERN LODGE 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 CAVERN LODGE sales between December 1997 and January 2020 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 April 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is CAVERN LODGE?

CAVERN LODGE is 95m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where CAVERN LODGE lies on this distribution: 38% of detached houses are smaller than CAVERN LODGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Brixham.

CAVERN LODGE: Plot and Title Map

CAVERN LODGE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of CAVERN LODGE, 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 CAVERN LODGE). 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 CAVERN LODGE?

CAVERN LODGE is located on CAVERN ROAD in BRIXHAM, in the TQ5 postcode district. The below map shows the position of CAVERN LODGE on CAVERN ROAD.