EASTBANK, HIGHER LINCOMBE ROAD, TORQUAY, TQ1 2EY - £662,500

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

EASTBANK is a large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £662,500 in March 2020, which was around 95% above the average March 2020 detached price in the Torbay local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

EASTBANK Sold Prices

Land registry data shows three sales for EASTBANK 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 EASTBANK 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
2020 27 MAR	£662,500	£339,792	95% above HPI
2003 7 MAR	£312,500	£202,553	54% above HPI
1996 8 MAY	£97,000	£81,105	20% above HPI

EASTBANK 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 EASTBANK sales between May 1996 and March 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 March 2003 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2020 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is EASTBANK?

EASTBANK is 172m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where EASTBANK lies on this distribution: 74% of detached houses are smaller than EASTBANK, and 25% of houses are larger. Note that EPC data is not available for all properties in Torquay.

EASTBANK: Plot and Title Map

EASTBANK sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of EASTBANK, 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 EASTBANK). 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 EASTBANK?

EASTBANK is located on HIGHER LINCOMBE ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of EASTBANK on HIGHER LINCOMBE ROAD.