HOLLY LODGE, WELLSWOOD AVENUE, TORQUAY, TQ1 2QE - £930,000

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 LODGE is a very large extended detached house of 201m², built sometime between 1900 and 1929. It was last sold for £930,000 in August 2024, which was around 124% above the average August 2024 detached price in the Torbay local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

HOLLY LODGE Sold Prices

Land registry data shows four sales for HOLLY LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four HOLLY LODGE 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
2024 23 AUG	£930,000	£414,617	124% above HPI
2018 23 OCT	£735,000	£335,131	119% above HPI
1996 22 NOV	£165,000	£84,618	95% above HPI
1995 7 JUL	£125,000	£82,070	52% above HPI

HOLLY LODGE 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 four HOLLY LODGE sales between July 1995 and August 2024 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 October 2018 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the August 2024 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is HOLLY LODGE?

HOLLY LODGE is 201m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% 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 LODGE lies on this distribution: 83% of detached houses are smaller than HOLLY LODGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Torquay.

HOLLY LODGE: Plot and Title Map

HOLLY LODGE sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of HOLLY LODGE, 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 LODGE). 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 LODGE?

HOLLY LODGE is located on WELLSWOOD AVENUE in TORQUAY, in the TQ1 postcode district. The below map shows the position of HOLLY LODGE on WELLSWOOD AVENUE.