LANARK MEWS, WOODEND ROAD, TORQUAY, TQ1 2PZ - £357,000

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.

LANARK MEWS is a very small detached house of 81m², built sometime before 1900, which could now be worth an estimated £448,332. It was last sold for £357,000 in September 2018, which was around 3% above the average September 2018 detached price in the Torbay local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

LANARK MEWS Sold Prices

Land registry data shows two sales for LANARK MEWS 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. One of the two LANARK MEWS sales was for above the average price, whilst the other was 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
2018 20 SEP	£357,000	£346,339	3% above HPI
2001 17 APR	£130,500	£145,764	10% below HPI

LANARK MEWS 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 LANARK MEWS sales from April 2001 and September 2018 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 April 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might LANARK MEWS be worth now?

LANARK MEWS might now be worth an estimated £448,332.

This is based on house price inflation of 25.6%, between September 2018 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 25.6% inflationary increase is applied to the most recent sale price for LANARK MEWS of £357,000 on 20th September 2018. For the value to have increased from £357,000 to £448,332 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of LANARK MEWS has moved in line with the HPI for detached houses in the Torbay local authority area.
• The September 2018 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of LANARK MEWS has not materially changed since September 2018.

How Large is LANARK MEWS?

LANARK MEWS is 81m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 LANARK MEWS lies on this distribution: 13% of detached houses houses are smaller than LANARK MEWS, and 87% of houses are larger. Note that EPC data is not available for all properties in Torquay.

LANARK MEWS: Plot and Title Map

LANARK MEWS sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of LANARK MEWS, 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 LANARK MEWS). 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 LANARK MEWS?

LANARK MEWS is located on WOODEND ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of LANARK MEWS on WOODEND ROAD.