TREE TOPS, LOWER ERITH ROAD, TORQUAY, TQ1 2PX - £215,000

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

TREE TOPS is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £215,000 in May 2012, which was around 16% below the average May 2012 detached price in the Torbay local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

TREE TOPS Sold Prices

Land registry data shows three sales for TREE TOPS 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. Two of the three TREE TOPS sales were for below the average price, whilst one was 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
2012 29 MAY	£215,000	£256,185	16% below HPI
2004 17 JUN	£240,000	£234,236	2% above HPI
2003 20 AUG	£200,000	£214,578	7% below HPI

TREE TOPS 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 TREE TOPS sales between August 2003 and May 2012 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 June 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is TREE TOPS?

TREE TOPS is 106m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 TREE TOPS lies on this distribution: 32% of detached houses are smaller than TREE TOPS, and 67% of houses are larger. Note that EPC data is not available for all properties in Torquay.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

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