MIDWAY, ASHLEY PRIORS LANE, TORQUAY, TQ1 4SE - £742,150

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MIDWAY is a small detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £840,552. It was last sold for £742,150 in June 2021, which was around 91% above the average June 2021 detached price in the Torbay local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

MIDWAY Sold Prices

Land registry data shows two sales for MIDWAY 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 MIDWAY 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 30 JUN	£742,150	£388,331	91% above HPI
2011 13 SEP	£500,000	£271,087	84% above HPI

MIDWAY 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 MIDWAY sales from September 2011 and June 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 2011 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the June 2021 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might MIDWAY be worth now?

MIDWAY might now be worth an estimated £840,552.

This is based on house price inflation of 13.3%, between June 2021 and March 2025, for detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for MIDWAY of £742,150 on 30th June 2021. For the value to have increased from £742,150 to £840,552 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of MIDWAY has moved in line with the HPI for detached houses in the Torbay local authority area.
• The June 2021 sale price of £742,150 represented a fair market value for the property.
• The size, condition, and specification of MIDWAY has not materially changed since June 2021.

How Large is MIDWAY?

MIDWAY is 102m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torquay, and where MIDWAY lies on this distribution: 30% of detached houses houses are smaller than MIDWAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Torquay.

MIDWAY: Plot and Title Map

MIDWAY sits on a plot of roughly 0.314 of an acre, or 1,271m². The below map shows the location of MIDWAY, 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 MIDWAY). 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 MIDWAY?

MIDWAY is located on ASHLEY PRIORS LANE in TORQUAY, in the TQ1 postcode district. The below map shows the position of MIDWAY on ASHLEY PRIORS LANE.