WHEATRIDGE LODGE, WHEATRIDGE LANE, TORQUAY, TQ2 6RA - £335,000

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

WHEATRIDGE LODGE is a very large extended detached house of 375m², built sometime between 1900 and 1929. It was last sold for £335,000 in February 2003, which was around 65% above the average February 2003 detached price in the Torbay local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

WHEATRIDGE LODGE Sold Prices

Land registry data shows two sales for WHEATRIDGE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Both of the two WHEATRIDGE LODGE 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
2003 14 FEB	£335,000	£202,900	65% above HPI
1998 3 MAR	£187,500	£95,172	97% above HPI

WHEATRIDGE LODGE 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 two WHEATRIDGE LODGE sales from March 1998 and February 2003 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 March 1998 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the February 2003 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is WHEATRIDGE LODGE?

WHEATRIDGE LODGE is 375m², which includes four extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where WHEATRIDGE LODGE lies on this distribution: 99% of detached houses are smaller than WHEATRIDGE LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Paignton.

WHEATRIDGE LODGE: Plot and Title Map

WHEATRIDGE LODGE sits on a plot of roughly 0.288 of an acre, or 1,166m². The below map shows the location of WHEATRIDGE LODGE, 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 WHEATRIDGE LODGE). 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 WHEATRIDGE LODGE?

WHEATRIDGE LODGE is located on WHEATRIDGE LANE in TORQUAY, in the TQ2 postcode district. The below map shows the position of WHEATRIDGE LODGE on WHEATRIDGE LANE.