THATCHER POINT, THATCHER AVENUE, TORQUAY, TQ1 2PD - £1,200,000

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

THATCHER POINT is a very large extended detached house of 299m², built sometime between 1996 and 2002. It was last sold for £1,200,000 in June 2024, which was around 183% above the average June 2024 detached price in the Torbay local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

THATCHER POINT Sold Prices

Land registry data shows four sales for THATCHER POINT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the four THATCHER POINT 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
2024 24 JUN	£1,200,000	£424,549	183% above HPI
2018 26 OCT	£1,225,000	£335,131	266% above HPI
2013 1 JUL	£920,000	£261,007	252% above HPI
1999 8 NOV	£150,000	£111,689	34% above HPI

THATCHER POINT 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 four THATCHER POINT sales between November 1999 and June 2024 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 October 2018 sale was for 266% above the HPI. So the extrapolation line tracks at 266% above the HPI over time, until the June 2024 sale, where it falls to 183% above the HPI. The line then continues to track at 183% above the HPI.

How Large is THATCHER POINT?

THATCHER POINT is 299m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where THATCHER POINT lies on this distribution: 95% of detached houses are smaller than THATCHER POINT, and 5% of houses are larger. Note that EPC data is not available for all properties in Torquay.

THATCHER POINT: Plot and Title Map

THATCHER POINT sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of THATCHER POINT, 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 THATCHER POINT). 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 THATCHER POINT?

THATCHER POINT is located on THATCHER AVENUE in TORQUAY, in the TQ1 postcode district. The below map shows the position of THATCHER POINT on THATCHER AVENUE.