CORMORANTS, TORCROSS, KINGSBRIDGE, TQ7 2TJ - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CORMORANTS is a large detached house of 188m², built sometime between 1996 and 2002, which could now be worth an estimated £595,493. It was last sold for £390,000 in August 2010, which was around 3% above the average August 2010 detached price in the South Hams local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

CORMORANTS Sold Prices

Land registry data shows two sales for CORMORANTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two CORMORANTS 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
2010 9 AUG	£390,000	£377,013	3% above HPI
2001 14 JUN	£240,000	£194,169	24% above HPI

CORMORANTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two CORMORANTS sales from June 2001 and August 2010 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 June 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2010 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might CORMORANTS be worth now?

CORMORANTS might now be worth an estimated £595,493.

This is based on house price inflation of 52.7%, between August 2010 and December 2024, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.7% inflationary increase is applied to the most recent sale price for CORMORANTS of £390,000 on 9th August 2010. For the value to have increased from £390,000 to £595,493 over the thirteen years and eight months to December 2024, the following assumptions must hold true:

• The value of CORMORANTS has moved in line with the HPI for detached houses in the South Hams local authority area.
• The August 2010 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of CORMORANTS has not materially changed since August 2010.

How Large is CORMORANTS?

CORMORANTS is 188m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses houses in Torcross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torcross, and where CORMORANTS lies on this distribution: 74% of detached houses houses are smaller than CORMORANTS, and 26% of houses are larger. Note that EPC data is not available for all properties in Torcross.

CORMORANTS: Plot and Title Map

CORMORANTS sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of CORMORANTS, 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 CORMORANTS). 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 CORMORANTS?

CORMORANTS is located in TORCROSS, in the TQ7 postcode district. The below map shows the position of CORMORANTS in TORCROSS.