THE SPINNEY, LINCOMBE DRIVE, TORQUAY, TQ1 2HH - £730,000

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 SPINNEY is a large extended detached house of 189m², built sometime between 1900 and 1929. It was last sold for £730,000 in August 2023, which was around 66% above the average August 2023 detached price in the Torbay local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

THE SPINNEY Sold Prices

Land registry data shows three sales for THE SPINNEY 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 SPINNEY 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
2023 2 AUG	£730,000	£438,670	66% above HPI
2017 10 FEB	£590,000	£309,670	91% above HPI
2014 30 JUN	£405,000	£271,858	49% above HPI

THE SPINNEY 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 SPINNEY sales between June 2014 and August 2023 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 February 2017 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the August 2023 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is THE SPINNEY?

THE SPINNEY is 189m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% 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 SPINNEY lies on this distribution: 80% of detached houses are smaller than THE SPINNEY, and 20% of houses are larger. Note that EPC data is not available for all properties in Torquay.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.299 of an acre, or 1,212m². The below map shows the location of THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

THE SPINNEY is located on LINCOMBE DRIVE in TORQUAY, in the TQ1 postcode district. The below map shows the position of THE SPINNEY on LINCOMBE DRIVE.