TOSARI, LOWER ERITH ROAD, TORQUAY, TQ1 2PX - £275,000

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.

TOSARI is a small detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £436,777. It was last sold for £275,000 in May 2010, which was about the average May 2010 detached price in the Torbay local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

TOSARI Sold Prices

Land registry data shows four sales for TOSARI since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. The four TOSARI sales were a mix of roughly equal to the average price, above the average price, and 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
2010 19 MAY	£275,000	£273,846	Close to HPI
2005 4 AUG	£350,000	£263,407	33% above HPI
2003 13 NOV	£200,000	£229,580	13% below HPI
1996 23 AUG	£75,000	£85,726	13% below HPI

TOSARI 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 four TOSARI sales between August 1996 and May 2010 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 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2010 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might TOSARI be worth now?

TOSARI might now be worth an estimated £436,777.

This is based on house price inflation of 58.8%, between May 2010 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 58.8% inflationary increase is applied to the most recent sale price for TOSARI of £275,000 on 19th May 2010. For the value to have increased from £275,000 to £436,777 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of TOSARI has moved in line with the HPI for detached houses in the Torbay local authority area.
• The May 2010 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of TOSARI has not materially changed since May 2010.

How Large is TOSARI?

TOSARI is 111m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torquay, and where TOSARI lies on this distribution: 37% of detached houses houses are smaller than TOSARI, and 63% of houses are larger. Note that EPC data is not available for all properties in Torquay.

TOSARI: Plot and Title Map

TOSARI sits on a plot of roughly 0.224 of an acre, or 906m². The below map shows the location of TOSARI, 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 TOSARI). 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 TOSARI?

TOSARI is located on LOWER ERITH ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of TOSARI on LOWER ERITH ROAD.