CHERRYTREES, DADDYHOLE ROAD, TORQUAY, TQ1 2ED - £315,000

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

CHERRYTREES is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £315,000 in June 2022, which was around 25% below the average June 2022 detached price in the Torbay local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

CHERRYTREES Sold Prices

Land registry data shows three sales for CHERRYTREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three CHERRYTREES 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
2022 7 JUN	£315,000	£421,407	25% below HPI
2021 10 SEP	£240,000	£378,927	37% below HPI
2002 25 JUL	£162,950	£175,805	7% below HPI

CHERRYTREES 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 three CHERRYTREES sales between July 2002 and June 2022 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 September 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is CHERRYTREES?

CHERRYTREES is 78m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where CHERRYTREES lies on this distribution: 10% of detached houses are smaller than CHERRYTREES, and 89% of houses are larger. Note that EPC data is not available for all properties in Torquay.

CHERRYTREES: Plot and Title Map

CHERRYTREES sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of CHERRYTREES, 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 CHERRYTREES). 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 CHERRYTREES?

CHERRYTREES is located on DADDYHOLE ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of CHERRYTREES on DADDYHOLE ROAD.