FAIRMOUNT HOUSE, HERBERT ROAD, TORQUAY, TQ2 6RW - £345,000

FAIRMOUNT HOUSE is a very large extended detached house of 250m², built sometime before 1900. It was last sold for £345,000 in September 2003, which was around 59% above the average September 2003 detached price in the Torbay local authority area. The most recent EPC inspection was February 2011, where the current energy rating was F, and the potential energy rating was E.

FAIRMOUNT HOUSE Sold Prices

Land registry data shows three sales for FAIRMOUNT HOUSE 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. All of the three FAIRMOUNT HOUSE 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 2 SEP	£345,000	£216,542	59% above HPI
2000 17 AUG	£214,000	£126,755	69% above HPI
1998 9 OCT	£173,000	£95,922	80% above HPI

FAIRMOUNT 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 three FAIRMOUNT HOUSE sales between October 1998 and September 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 August 2000 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the September 2003 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is FAIRMOUNT HOUSE?

FAIRMOUNT HOUSE is 250m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 FAIRMOUNT HOUSE lies on this distribution: 97% of detached houses are smaller than FAIRMOUNT HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Paignton.

FAIRMOUNT HOUSE: Plot and Title Map

FAIRMOUNT HOUSE sits on a plot of roughly 0.297 of an acre, or 1,204m². The below map shows the location of FAIRMOUNT 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 FAIRMOUNT 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 FAIRMOUNT HOUSE?

FAIRMOUNT HOUSE is located on HERBERT ROAD in TORQUAY, in the TQ2 postcode district. The below map shows the position of FAIRMOUNT HOUSE on HERBERT ROAD.