LAUREL LODGE, RIDGE ROAD, MAIDENCOMBE, TORQUAY, TQ1 4TD - £545,000

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

LAUREL LODGE is a midsized extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £545,000 in July 2016, which was around 69% above the average July 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

LAUREL LODGE Sold Prices

Land registry data shows three sales for LAUREL LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three LAUREL 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
2016 20 JUL	£545,000	£321,565	69% above HPI
1999 9 JUL	£185,000	£112,560	64% above HPI
1998 15 JUL	£161,000	£100,612	60% above HPI

LAUREL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The three LAUREL LODGE sales between July 1998 and July 2016 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 July 1999 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2016 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is LAUREL LODGE?

LAUREL LODGE is 142m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where LAUREL LODGE lies on this distribution: 60% of detached houses are smaller than LAUREL LODGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Torquay.

LAUREL LODGE: Plot and Title Map

LAUREL LODGE sits on a plot of roughly 0.662 of an acre, or 2,680m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL LODGE?

LAUREL LODGE is located on RIDGE ROAD in MAIDENCOMBE, in the TQ1 postcode district. The below map shows the position of LAUREL LODGE on RIDGE ROAD.