NORTHWOOD, MEADFOOT ROAD, TORQUAY, TQ1 2JP - £300,000

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

NORTHWOOD is a very large detached house of 232m², built sometime between 2003 and 2006. It was last sold for £300,000 in May 2005, which was around 23% above the average May 2005 detached price in the Torbay local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

NORTHWOOD Sold Prices

Land registry data shows three sales for NORTHWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the three NORTHWOOD 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
2005 11 MAY	£300,000	£244,700	23% above HPI
2002 29 AUG	£200,000	£181,722	10% above HPI
1999 22 OCT	£140,000	£110,170	27% above HPI

NORTHWOOD 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 three NORTHWOOD sales between October 1999 and May 2005 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 August 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2005 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is NORTHWOOD?

NORTHWOOD is 232m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where NORTHWOOD lies on this distribution: 88% of detached houses are smaller than NORTHWOOD, and 12% of houses are larger. Note that EPC data is not available for all properties in Torquay.

NORTHWOOD: Plot and Title Map

NORTHWOOD sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of NORTHWOOD, 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 NORTHWOOD). 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 NORTHWOOD?

NORTHWOOD is located on MEADFOOT ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of NORTHWOOD on MEADFOOT ROAD.