VALESWOOD, RIDGEWAY ROAD, TORQUAY, TQ1 2HW - £347,000

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

VALESWOOD is a midsized detached house of 124m², built sometime between 1967 and 1975. It was last sold for £347,000 in April 2015, which was around 22% above the average April 2015 detached price in the Torbay local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

VALESWOOD Sold Prices

Land registry data shows four sales for VALESWOOD 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. All of the four VALESWOOD 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
2015 9 APR	£347,000	£283,362	22% above HPI
1997 21 OCT	£117,500	£93,633	25% above HPI
1996 18 SEP	£112,500	£82,567	36% above HPI
1995 3 FEB	£111,000	£80,308	38% above HPI

VALESWOOD 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 VALESWOOD sales between February 1995 and April 2015 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 October 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is VALESWOOD?

VALESWOOD is 124m² according to the EPC inspection conducted in March 2014. 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 VALESWOOD lies on this distribution: 46% of detached houses are smaller than VALESWOOD, and 53% of houses are larger. Note that EPC data is not available for all properties in Torquay.

VALESWOOD: Plot and Title Map

VALESWOOD sits on a plot of roughly 0.252 of an acre, or 1,019m². The below map shows the location of VALESWOOD, 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 VALESWOOD). 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 VALESWOOD?

VALESWOOD is located on RIDGEWAY ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of VALESWOOD on RIDGEWAY ROAD.