THE MEADOWS, AVENUE ROAD, TORQUAY, TQ2 5LS - £572,500

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.

THE MEADOWS is a very small detached house of 71m², which could now be worth an estimated £646,526. It was last sold for £572,500 in April 2021, which was around 49% above the average April 2021 detached price in the Torbay local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was A.

THE MEADOWS Sold Prices

Land registry data shows two sales for THE MEADOWS 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. One of the two THE MEADOWS sales was for above the average price, whilst the other was 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
2021 9 APR	£572,500	£385,144	49% above HPI
2017 14 AUG	£100,000	£330,820	70% below HPI

THE MEADOWS 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 THE MEADOWS sales from August 2017 and April 2021 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 August 2017 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the April 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might THE MEADOWS be worth now?

THE MEADOWS might now be worth an estimated £646,526.

This is based on house price inflation of 12.9%, between April 2021 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 12.9% inflationary increase is applied to the most recent sale price for THE MEADOWS of £572,500 on 9th April 2021. For the value to have increased from £572,500 to £646,526 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of THE MEADOWS has moved in line with the HPI for detached houses in the Torbay local authority area.
• The April 2021 sale price of £572,500 represented a fair market value for the property.
• The size, condition, and specification of THE MEADOWS has not materially changed since April 2021.

How Large is THE MEADOWS?

THE MEADOWS is 71m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paignton, and where THE MEADOWS lies on this distribution: 10% of detached houses houses are smaller than THE MEADOWS, and 89% of houses are larger. Note that EPC data is not available for all properties in Paignton.

THE MEADOWS: Plot and Title Map

THE MEADOWS sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of THE MEADOWS, 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 MEADOWS). 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 MEADOWS?

THE MEADOWS is located on AVENUE ROAD in TORQUAY, in the TQ2 postcode district. The below map shows the position of THE MEADOWS on AVENUE ROAD.