LABURNUM COTTAGE, LABURNUM STREET, TORQUAY, TQ2 5SF - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LABURNUM COTTAGE is a midsized extended detached house of 132m², built sometime before 1900, which could now be worth an estimated £198,370. It was last sold for £160,000 in July 2020, which was around 55% below the average July 2020 detached price in the Torbay local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

LABURNUM COTTAGE Sold Prices

Land registry data shows three sales for LABURNUM COTTAGE 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 LABURNUM COTTAGE 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
2020 17 JUL	£160,000	£353,994	55% below HPI
2019 5 AUG	£140,000	£344,205	59% below HPI
2002 11 OCT	£84,500	£200,347	58% below HPI

LABURNUM COTTAGE 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 LABURNUM COTTAGE sales between October 2002 and July 2020 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 2019 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2020 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might LABURNUM COTTAGE be worth now?

LABURNUM COTTAGE might now be worth an estimated £198,370.

This is based on house price inflation of 24%, between July 2020 and December 2024, for detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for LABURNUM COTTAGE of £160,000 on 17th July 2020. For the value to have increased from £160,000 to £198,370 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of LABURNUM COTTAGE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The July 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM COTTAGE has not materially changed since July 2020.

How Large is LABURNUM COTTAGE?

LABURNUM COTTAGE is 132m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torquay, and where LABURNUM COTTAGE lies on this distribution: 52% of detached houses houses are smaller than LABURNUM COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Torquay.

LABURNUM COTTAGE: Plot and Title Map

LABURNUM COTTAGE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of LABURNUM COTTAGE, 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 LABURNUM COTTAGE). 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 LABURNUM COTTAGE?

LABURNUM COTTAGE is located on LABURNUM STREET in TORQUAY, in the TQ2 postcode district. The below map shows the position of LABURNUM COTTAGE on LABURNUM STREET.