HOLLY BANK, LOWER ERITH ROAD, TORQUAY, TQ1 2PX - £685,000

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

HOLLY BANK is a midsized detached house of 129m², built sometime between 1950 and 1966. It was last sold for £685,000 in June 2022, which was around 63% above the average June 2022 detached price in the Torbay local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

HOLLY BANK Sold Prices

Land registry data shows three sales for HOLLY BANK 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 HOLLY BANK 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
2022 23 JUN	£685,000	£421,407	63% above HPI
2021 17 FEB	£400,000	£359,633	11% above HPI
2017 9 FEB	£385,000	£309,670	24% above HPI

HOLLY BANK 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 HOLLY BANK sales between February 2017 and June 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 February 2021 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 129m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where HOLLY BANK lies on this distribution: 51% of detached houses are smaller than HOLLY BANK, and 49% of houses are larger. Note that EPC data is not available for all properties in Torquay.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on LOWER ERITH ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of HOLLY BANK on LOWER ERITH ROAD.