MARCOMBE LODGE, BURRIDGE ROAD, TORQUAY, TQ2 6LN - £197,000

MARCOMBE LODGE is a large extended detached house of 135m², built sometime between 1930 and 1949. It was last sold for £197,000 in July 2003, which was around 7% below the average July 2003 detached price in the Torbay local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

MARCOMBE LODGE Sold Prices

Land registry data shows three sales for MARCOMBE LODGE 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 MARCOMBE LODGE 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
2003 30 JUL	£197,000	£211,315	7% below HPI
1997 26 SEP	£78,000	£94,026	17% below HPI
1997 8 AUG	£22,500	£93,150	76% below HPI

MARCOMBE 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 three MARCOMBE LODGE sales between August 1997 and July 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 September 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is MARCOMBE LODGE?

MARCOMBE LODGE is 135m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 MARCOMBE LODGE lies on this distribution: 73% of detached houses are smaller than MARCOMBE LODGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Paignton.

MARCOMBE LODGE: Plot and Title Map

MARCOMBE LODGE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of MARCOMBE 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 MARCOMBE 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 MARCOMBE LODGE?

MARCOMBE LODGE is located on BURRIDGE ROAD in TORQUAY, in the TQ2 postcode district. The below map shows the position of MARCOMBE LODGE on BURRIDGE ROAD.