CEDAR BANK, WATCOMBE HEIGHTS ROAD, TORQUAY, TQ1 4SG - £820,000

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

CEDAR BANK is a very large extended detached house of 294m², built sometime between 1930 and 1949. It was last sold for £820,000 in November 2017, which was around 154% above the average November 2017 detached price in the Torbay local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

CEDAR BANK Sold Prices

Land registry data shows four sales for CEDAR BANK 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. Most of the four CEDAR BANK 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
2017 8 NOV	£820,000	£323,029	154% above HPI
2006 27 JAN	£500,000	£245,517	104% above HPI
2006 19 JAN	£105,500	£245,517	57% below HPI
2002 14 OCT	£290,000	£191,948	51% above HPI

CEDAR BANK 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 CEDAR BANK sales between October 2002 and November 2017 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 January 2006 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the November 2017 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

How Large is CEDAR BANK?

CEDAR BANK is 294m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 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 CEDAR BANK lies on this distribution: 95% of detached houses are smaller than CEDAR BANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Torquay.

CEDAR BANK: Plot and Title Map

CEDAR BANK sits on a plot of roughly 0.784 of an acre, or 3,171m². The below map shows the location of CEDAR BANK, 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 CEDAR BANK). 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 CEDAR BANK?

CEDAR BANK is located on WATCOMBE HEIGHTS ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of CEDAR BANK on WATCOMBE HEIGHTS ROAD.