MERRIVALE, HERBERT ROAD, TORQUAY, TQ2 6RW - £460,000

MERRIVALE is a large extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £460,000 in March 2019, which was around 44% above the average March 2019 detached price in the Torbay local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

MERRIVALE Sold Prices

Land registry data shows two sales for MERRIVALE 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 MERRIVALE 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
2019 1 MAR	£460,000	£319,195	44% above HPI
2013 6 DEC	£345,000	£263,155	31% above HPI

MERRIVALE 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 MERRIVALE sales from December 2013 and March 2019 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 December 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2019 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is MERRIVALE?

MERRIVALE is 129m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 MERRIVALE lies on this distribution: 70% of detached houses are smaller than MERRIVALE, and 30% of houses are larger. Note that EPC data is not available for all properties in Paignton.

MERRIVALE: Plot and Title Map

MERRIVALE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of MERRIVALE, 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 MERRIVALE). 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 MERRIVALE?

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