LORRELL, LORING ROAD, SALCOMBE, TQ8 8BL - £554,600

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

LORRELL is a midsized extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £554,600 in March 2018, which was around 28% above the average March 2018 detached price in the South Hams local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

LORRELL Sold Prices

Land registry data shows two sales for LORRELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two LORRELL 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
2018 16 MAR	£554,600	£434,914	28% above HPI
1998 3 JUL	£143,000	£117,454	22% above HPI

LORRELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two LORRELL sales from July 1998 and March 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 July 1998 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is LORRELL?

LORRELL is 173m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where LORRELL lies on this distribution: 60% of detached houses are smaller than LORRELL, and 40% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

LORRELL: Plot and Title Map

LORRELL sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of LORRELL, 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 LORRELL). 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 LORRELL?

LORRELL is located on LORING ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of LORRELL on LORING ROAD.