MERRIMEAD, LONGPARK HILL, MAIDENCOMBE, TORQUAY, TQ1 4TG - £750,000

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

MERRIMEAD is a very large extended detached house of 367m², built sometime between 1983 and 1990. It was last sold for £750,000 in February 2018, which was around 128% above the average February 2018 detached price in the Torbay local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

MERRIMEAD Sold Prices

Land registry data shows two sales for MERRIMEAD 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 MERRIMEAD 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 9 FEB	£750,000	£328,780	128% above HPI
1996 28 JUN	£110,000	£81,915	34% above HPI

MERRIMEAD 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 MERRIMEAD sales from June 1996 and February 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 June 1996 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2018 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is MERRIMEAD?

MERRIMEAD is 367m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where MERRIMEAD lies on this distribution: 98% of detached houses are smaller than MERRIMEAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Torquay.

MERRIMEAD: Plot and Title Map

MERRIMEAD sits on a plot of roughly 0.538 of an acre, or 2,177m². The below map shows the location of MERRIMEAD, 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 MERRIMEAD). 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 MERRIMEAD?

MERRIMEAD is located on LONGPARK HILL in MAIDENCOMBE, in the TQ1 postcode district. The below map shows the position of MERRIMEAD on LONGPARK HILL.