HOMEPARK, EDGINSWELL LANE, TORQUAY, TQ2 7JF - £389,000

HOMEPARK is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £389,000 in January 2021, which was around 10% above the average January 2021 detached price in the Torbay local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was D.

HOMEPARK Sold Prices

Land registry data shows three sales for HOMEPARK 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. One of the three HOMEPARK sales was for above the average price, whilst two 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 7 JAN	£389,000	£354,367	10% above HPI
2011 6 MAY	£190,000	£253,562	25% below HPI
2001 29 JUN	£129,000	£141,506	9% below HPI

HOMEPARK 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 HOMEPARK sales between June 2001 and January 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 May 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is HOMEPARK?

HOMEPARK is 141m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Paignton, based on EPC data. The below chart shows the distribution of detached houses by size in Paignton, and where HOMEPARK lies on this distribution: 77% of detached houses are smaller than HOMEPARK, and 22% of houses are larger. Note that EPC data is not available for all properties in Paignton.

HOMEPARK: Plot and Title Map

HOMEPARK sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of HOMEPARK, 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 HOMEPARK). 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 HOMEPARK?

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