WELLESLEY HOUSE, WELLESLEY ROAD, TORQUAY, TQ1 3BS - £320,000

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.

WELLESLEY HOUSE is a small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £368,603. It was last sold for £320,000 in March 2021, which was around 15% below the average March 2021 detached price in the Torbay local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

WELLESLEY HOUSE Sold Prices

Land registry data shows five sales for WELLESLEY HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. All of the five WELLESLEY HOUSE sales 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
2021 10 MAR	£320,000	£377,593	15% below HPI
2018 27 JUL	£235,000	£335,308	30% below HPI
2006 10 NOV	£217,500	£278,911	22% below HPI
2002 2 OCT	£165,000	£200,347	18% below HPI
1998 20 MAR	£20,000	£99,336	80% below HPI

WELLESLEY HOUSE 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 five WELLESLEY HOUSE sales between March 1998 and March 2021 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 July 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might WELLESLEY HOUSE be worth now?

WELLESLEY HOUSE might now be worth an estimated £368,603.

This is based on house price inflation of 15.2%, between March 2021 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 15.2% inflationary increase is applied to the most recent sale price for WELLESLEY HOUSE of £320,000 on 10th March 2021. For the value to have increased from £320,000 to £368,603 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of WELLESLEY HOUSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The March 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of WELLESLEY HOUSE has not materially changed since March 2021.

How Large is WELLESLEY HOUSE?

WELLESLEY HOUSE is 104m² according to the EPC inspection conducted in July 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 WELLESLEY HOUSE lies on this distribution: 31% of detached houses houses are smaller than WELLESLEY HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Torquay.

WELLESLEY HOUSE: Plot and Title Map

WELLESLEY HOUSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of WELLESLEY HOUSE, 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 WELLESLEY HOUSE). 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 WELLESLEY HOUSE?

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