FRANOR, JACKS LANE, TORQUAY, TQ2 8QX - £330,000

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

FRANOR is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £330,000 in May 2022, which was around 22% below the average May 2022 detached price in the Torbay local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

FRANOR Sold Prices

Land registry data shows two sales for FRANOR 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 FRANOR 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 31 MAY	£330,000	£420,751	22% below HPI
2013 14 AUG	£215,000	£263,611	18% below HPI

FRANOR 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 FRANOR sales from August 2013 and May 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 August 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is FRANOR?

FRANOR is 96m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 FRANOR lies on this distribution: 25% of detached houses are smaller than FRANOR, and 75% of houses are larger. Note that EPC data is not available for all properties in Torquay.

FRANOR: Plot and Title Map

FRANOR sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of FRANOR, 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 FRANOR). 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 FRANOR?

FRANOR is located on JACKS LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of FRANOR on JACKS LANE.