LACIE VALE, VEILLE LANE, TORQUAY, TQ2 7HA - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LACIE VALE is a large extended detached house of 119m², built sometime from 2007 onwards, which could now be worth an estimated £466,383. It was last sold for £370,000 in September 2019, which was around 7% above the average September 2019 detached price in the Torbay local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

LACIE VALE Sold Prices

Land registry data shows two sales for LACIE VALE 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 LACIE VALE 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 12 SEP	£370,000	£345,058	7% above HPI
2009 21 OCT	£305,000	£260,229	17% above HPI

LACIE VALE 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 LACIE VALE sales from October 2009 and September 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 October 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might LACIE VALE be worth now?

LACIE VALE might now be worth an estimated £466,383.

This is based on house price inflation of 26%, between September 2019 and February 2025, 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 26% inflationary increase is applied to the most recent sale price for LACIE VALE of £370,000 on 12th September 2019. For the value to have increased from £370,000 to £466,383 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of LACIE VALE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The September 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of LACIE VALE has not materially changed since September 2019.

How Large is LACIE VALE?

LACIE VALE is 119m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paignton, and where LACIE VALE lies on this distribution: 63% of detached houses houses are smaller than LACIE VALE, and 37% of houses are larger. Note that EPC data is not available for all properties in Paignton.

LACIE VALE: Plot and Title Map

LACIE VALE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of LACIE VALE, 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 LACIE VALE). 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 LACIE VALE?

LACIE VALE is located on VEILLE LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of LACIE VALE on VEILLE LANE.