MENDIP, DADDYHOLE ROAD, TORQUAY, TQ1 2ED - £705,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MENDIP is a very large extended detached house of 252m², built sometime between 1950 and 1966, which could now be worth an estimated £821,183. It was last sold for £705,000 in March 2021, which was around 87% above the average March 2021 detached price in the Torbay local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

MENDIP Sold Prices

Land registry data shows two sales for MENDIP 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 MENDIP 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
2021 10 MAR	£705,000	£377,593	87% above HPI
2005 22 APR	£420,000	£256,634	64% above HPI

MENDIP 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 MENDIP sales from April 2005 and March 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 April 2005 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the March 2021 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might MENDIP be worth now?

MENDIP might now be worth an estimated £821,183.

This is based on house price inflation of 16.5%, between March 2021 and March 2025, for detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for MENDIP of £705,000 on 10th March 2021. For the value to have increased from £705,000 to £821,183 over the four years to March 2025, the following assumptions must hold true:

• The value of MENDIP has moved in line with the HPI for detached houses in the Torbay local authority area.
• The March 2021 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of MENDIP has not materially changed since March 2021.

How Large is MENDIP?

MENDIP is 252m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Torquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torquay, and where MENDIP lies on this distribution: 91% of detached houses houses are smaller than MENDIP, and 9% of houses are larger. Note that EPC data is not available for all properties in Torquay.

MENDIP: Plot and Title Map

MENDIP sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of MENDIP, 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 MENDIP). 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 MENDIP?

MENDIP is located on DADDYHOLE ROAD in TORQUAY, in the TQ1 postcode district. The below map shows the position of MENDIP on DADDYHOLE ROAD.