31, ORKNEY CLOSE, TORQUAY, TQ2 7DS - £195,000

31 ORKNEY CLOSE is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £195,000 in May 2012, which was around 24% below the average May 2012 detached price in the Torbay local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

31 ORKNEY CLOSE Sold Prices

Land registry data shows two sales for 31 ORKNEY CLOSE 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 31 ORKNEY CLOSE 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
2012 4 MAY	£195,000	£256,185	24% below HPI
1998 9 OCT	£87,000	£95,922	9% below HPI

31 ORKNEY CLOSE 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 31 ORKNEY CLOSE sales from October 1998 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 October 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 ORKNEY CLOSE?

31 ORKNEY CLOSE is 87m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses by size in Torquay, and where 31 ORKNEY CLOSE lies on this distribution: 19% of detached houses are smaller than 31 ORKNEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Torquay.

31 ORKNEY CLOSE: Plot and Title Map

31 ORKNEY CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 31 ORKNEY CLOSE, 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 31 ORKNEY CLOSE). 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 31 ORKNEY CLOSE?

31 ORKNEY CLOSE is located in TORQUAY, in the TQ2 postcode district. The below map shows the position of No. 31 on ORKNEY CLOSE.