ERINBANK, BOTTOM PARK LANE, TORQUAY, TQ2 8LU - £223,000

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

ERINBANK is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £223,000 in February 2012, which was around 12% below the average February 2012 detached price in the Torbay local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

ERINBANK Sold Prices

Land registry data shows two sales for ERINBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Both of the two ERINBANK 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
2012 24 FEB	£223,000	£253,551	12% below HPI
1999 7 MAY	£93,000	£99,696	7% below HPI

ERINBANK 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 two ERINBANK sales from May 1999 and February 2012 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 May 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is ERINBANK?

ERINBANK is 92m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 ERINBANK lies on this distribution: 22% of detached houses are smaller than ERINBANK, and 77% of houses are larger. Note that EPC data is not available for all properties in Torquay.

ERINBANK: Plot and Title Map

ERINBANK sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of ERINBANK, 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 ERINBANK). 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 ERINBANK?

ERINBANK is located on BOTTOM PARK LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of ERINBANK on BOTTOM PARK LANE.