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 PINES is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £242,000 in August 2014, which was around 12% below the average August 2014 detached price in the Torbay local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for THE PINES since 1st 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 PINES 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 29 AUG | £242,000 | £275,842 | 12% below HPI |
2008 3 SEP | £263,000 | £266,457 | 1% below HPI |
2007 16 AUG | £235,000 | £282,775 | 17% below HPI |
The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three THE PINES sales between August 2007 and August 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 September 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
THE PINES is 117m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% 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 PINES lies on this distribution: 41% of detached houses are smaller than THE PINES, and 59% of houses are larger. Note that EPC data is not available for all properties in Torquay.
THE PINES sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of THE PINES, 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 PINES). 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.
THE PINES is located on VALLEY VIEW CLOSE in TORQUAY, in the TQ1 postcode district. The below map shows the position of THE PINES on VALLEY VIEW CLOSE.