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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

LANARK MEWS is a very small detached house of 81m², built sometime before 1900. It was last sold for £357,000 in September 2018, which was around 8% 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	£331,820	8% above HPI
2001 17 APR	£130,500	£139,653	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

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 in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where LANARK MEWS lies on this distribution: 13% of detached 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.