THE GULLS NEST, 71, PARK ROAD, TORQUAY, TQ1 4QS - £218,000

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

THE GULLS NEST is a small extended detached house of 105m², built sometime before 1900. It was last sold for £218,000 in March 2017, which was around 30% below the average March 2017 detached price in the Torbay local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

THE GULLS NEST Sold Prices

Land registry data shows three sales for THE GULLS NEST 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 THE GULLS NEST sales were for below 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
2017 9 MAR	£218,000	£310,957	30% below HPI
2006 12 MAY	£212,000	£257,498	18% below HPI
2003 29 AUG	£139,000	£214,578	35% below HPI

THE GULLS NEST 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 THE GULLS NEST sales between August 2003 and March 2017 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE GULLS NEST?

THE GULLS NEST is 105m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where THE GULLS NEST lies on this distribution: 31% of detached houses are smaller than THE GULLS NEST, and 68% of houses are larger. Note that EPC data is not available for all properties in Torquay.

THE GULLS NEST: Plot and Title Map

THE GULLS NEST sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of THE GULLS NEST, 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 THE GULLS NEST). 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 THE GULLS NEST?

THE GULLS NEST is located on PARK ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of THE GULLS NEST on PARK ROAD.