THE LAURELS, JACKS LANE, TORQUAY, TQ2 8QX - £285,000

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

THE LAURELS is a small extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £285,000 in March 2014, which was around 7% above the average March 2014 detached price in the Torbay local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows six sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Most of the six THE LAURELS 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
2014 14 MAR	£285,000	£265,496	7% above HPI
2008 10 JUL	£246,500	£277,485	11% below HPI
2003 24 OCT	£185,950	£217,017	14% below HPI
2000 10 MAR	£98,950	£116,043	15% below HPI
1995 10 NOV	£69,000	£80,205	14% below HPI
1995 11 AUG	£72,000	£81,948	12% below HPI

THE LAURELS 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 six THE LAURELS sales between August 1995 and March 2014 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 July 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 114m², which includes one extension, according to the EPC inspection conducted in December 2013. 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 LAURELS lies on this distribution: 39% of detached houses are smaller than THE LAURELS, and 61% of houses are larger. Note that EPC data is not available for all properties in Torquay.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on JACKS LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of THE LAURELS on JACKS LANE.