MERAGHAR, HERBERT ROAD, TORQUAY, TQ2 6RP - £500,000

MERAGHAR is a very large extended detached house of 251m², built sometime between 1950 and 1966. It was last sold for £500,000 in November 2015, which was around 70% above the average November 2015 detached price in the Torbay local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

MERAGHAR Sold Prices

Land registry data shows two sales for MERAGHAR 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 MERAGHAR 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
2015 4 NOV	£500,000	£294,714	70% above HPI
1995 18 APR	£100,000	£79,568	26% above HPI

MERAGHAR 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 MERAGHAR sales from April 1995 and November 2015 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 1995 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2015 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is MERAGHAR?

MERAGHAR is 251m², which includes one extension, according to the EPC inspection conducted in July 2010. 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 MERAGHAR lies on this distribution: 97% of detached houses are smaller than MERAGHAR, and 3% of houses are larger. Note that EPC data is not available for all properties in Paignton.

MERAGHAR: Plot and Title Map

MERAGHAR sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of MERAGHAR, 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 MERAGHAR). 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 MERAGHAR?

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