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

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

TOSARI is a small detached house of 111m², built sometime between 1950 and 1966. It was last sold for £275,000 in May 2010, which was around 5% above 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. two of the four TOSARI sales were for above the average price, and four 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
2010 19 MAY	£275,000	£262,366	5% above HPI
2005 4 AUG	£350,000	£252,365	39% above HPI
2003 13 NOV	£200,000	£219,956	9% below HPI
1996 23 AUG	£75,000	£82,132	9% 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2010 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

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 in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where TOSARI lies on this distribution: 37% of detached 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.