SPRINGFIELD, ST LUKES ROAD NORTH, TORQUAY, TQ2 5PD - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGFIELD is a large detached house of 172m², built sometime before 1900. It was last sold for £250,000 in November 2002, which was around 29% above the average November 2002 detached price in the Torbay local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows three sales for SPRINGFIELD 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 SPRINGFIELD 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
2002 1 NOV	£250,000	£194,378	29% above HPI
2001 30 MAR	£189,000	£137,099	38% above HPI
1998 1 OCT	£110,000	£95,922	15% above HPI

SPRINGFIELD 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 SPRINGFIELD sales between October 1998 and November 2002 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 March 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2002 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 172m² according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where SPRINGFIELD lies on this distribution: 74% of detached houses are smaller than SPRINGFIELD, and 25% of houses are larger. Note that EPC data is not available for all properties in Torquay.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on ST LUKES ROAD NORTH in TORQUAY, in the TQ2 postcode district. The below map shows the position of SPRINGFIELD on ST LUKES ROAD NORTH.