MEAD COTTAGE, COCKINGTON LANE, TORQUAY, TQ2 6QS - £932,500

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

MEAD COTTAGE is a very large detached house of 261m², built sometime between 1900 and 1929. It was last sold for £932,500 in December 2021, which was around 130% above the average December 2021 detached price in the Torbay 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.

MEAD COTTAGE Sold Prices

Land registry data shows two sales for MEAD COTTAGE 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 MEAD COTTAGE 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
2021 21 DEC	£932,500	£405,587	130% above HPI
2019 24 SEP	£865,000	£330,593	162% above HPI

MEAD COTTAGE 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 MEAD COTTAGE sales from September 2019 and December 2021 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 September 2019 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the December 2021 sale, where it falls to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is MEAD COTTAGE?

MEAD COTTAGE is 261m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where MEAD COTTAGE lies on this distribution: 98% of detached houses are smaller than MEAD COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Paignton.

MEAD COTTAGE: Plot and Title Map

MEAD COTTAGE sits on a plot of roughly 0.302 of an acre, or 1,223m². The below map shows the location of MEAD COTTAGE, 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 MEAD COTTAGE). 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 MEAD COTTAGE?

MEAD COTTAGE is located on COCKINGTON LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of MEAD COTTAGE on COCKINGTON LANE.