PARK HOUSE, LONGPARK HILL, MAIDENCOMBE, TORQUAY, TQ1 4TG - £440,000

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.

PARK HOUSE is a very large extended detached house of 208m², built sometime between 1950 and 1966, which could now be worth an estimated £540,482. It was last sold for £440,000 in June 2020, which was around 24% above the average June 2020 detached price in the Torbay local authority area. The most recent EPC inspection was September 2019, where the current energy rating was F, and the potential energy rating was C.

PARK HOUSE Sold Prices

Land registry data shows two sales for PARK HOUSE 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 PARK HOUSE 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 16 JUN	£440,000	£354,083	24% above HPI
1995 25 MAY	£157,000	£83,781	87% above HPI

PARK HOUSE 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 PARK HOUSE sales from May 1995 and June 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 May 1995 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the June 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might PARK HOUSE be worth now?

PARK HOUSE might now be worth an estimated £540,482.

This is based on house price inflation of 22.8%, between June 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 22.8% inflationary increase is applied to the most recent sale price for PARK HOUSE of £440,000 on 16th June 2020. For the value to have increased from £440,000 to £540,482 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of PARK HOUSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The June 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of PARK HOUSE has not materially changed since June 2020.

How Large is PARK HOUSE?

PARK HOUSE is 208m², which includes four extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% 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 PARK HOUSE lies on this distribution: 84% of detached houses houses are smaller than PARK HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Torquay.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.600 of an acre, or 2,428m². The below map shows the location of PARK HOUSE, 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 PARK HOUSE). 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 PARK HOUSE?

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