FAIRWAY, PARKHAM LANE, BRIXHAM, TQ5 9JR - £505,000

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

FAIRWAY is a very large extended detached house of 267m², built sometime between 1991 and 1995. It was last sold for £505,000 in August 2019, which was around 53% above the average August 2019 detached price in the Torbay local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

FAIRWAY Sold Prices

Land registry data shows three sales for FAIRWAY 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 FAIRWAY 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
2019 23 AUG	£505,000	£329,775	53% above HPI
2015 10 SEP	£385,000	£287,001	34% above HPI
2005 27 OCT	£345,000	£254,278	36% above HPI

FAIRWAY 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 FAIRWAY sales between October 2005 and August 2019 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 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2019 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is FAIRWAY?

FAIRWAY is 267m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where FAIRWAY lies on this distribution: 98% of detached houses are smaller than FAIRWAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Brixham.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on PARKHAM LANE in BRIXHAM, in the TQ5 postcode district. The below map shows the position of FAIRWAY on PARKHAM LANE.