OXLEA LODGE, OXLEA ROAD, TORQUAY, TQ1 2HF - £615,000

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.

OXLEA LODGE is a large detached house of 165m², built sometime between 1900 and 1929, which could now be worth an estimated £722,022. It was last sold for £615,000 in November 2020, which was around 66% above the average November 2020 detached price in the Torbay local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

OXLEA LODGE Sold Prices

Land registry data shows two sales for OXLEA LODGE 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 OXLEA LODGE 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
2020 13 NOV	£615,000	£370,474	66% above HPI
1998 27 FEB	£130,000	£98,762	32% above HPI

OXLEA LODGE 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 OXLEA LODGE sales from February 1998 and November 2020 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 February 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might OXLEA LODGE be worth now?

OXLEA LODGE might now be worth an estimated £722,022.

This is based on house price inflation of 17.4%, between November 2020 and February 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 17.4% inflationary increase is applied to the most recent sale price for OXLEA LODGE of £615,000 on 13th November 2020. For the value to have increased from £615,000 to £722,022 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of OXLEA LODGE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The November 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of OXLEA LODGE has not materially changed since November 2020.

How Large is OXLEA LODGE?

OXLEA LODGE is 165m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 OXLEA LODGE lies on this distribution: 72% of detached houses houses are smaller than OXLEA LODGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Torquay.

OXLEA LODGE: Plot and Title Map

OXLEA LODGE sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of OXLEA LODGE, 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 OXLEA LODGE). 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 OXLEA LODGE?

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