MONKS WAY, MONKSBRIDGE ROAD, BRIXHAM, TQ5 9NB - £379,000

MONKS WAY is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £379,000 in October 2021, which was around 4% below the average October 2021 detached price in the Torbay local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

MONKS WAY Sold Prices

Land registry data shows four sales for MONKS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Most of the four MONKS WAY 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
2021 26 OCT	£379,000	£394,110	4% below HPI
2018 7 AUG	£292,000	£327,200	11% below HPI
2007 29 NOV	£265,000	£282,888	6% below HPI
2000 25 AUG	£133,000	£126,755	5% above HPI

MONKS WAY 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 four MONKS WAY sales between August 2000 and October 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 August 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is MONKS WAY?

MONKS WAY is 108m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses by size in Brixham, and where MONKS WAY lies on this distribution: 50% of detached houses are smaller than MONKS WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Brixham.

MONKS WAY: Plot and Title Map

MONKS WAY sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of MONKS WAY, 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 MONKS WAY). 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 MONKS WAY?

MONKS WAY is located on MONKSBRIDGE ROAD in BRIXHAM, in the TQ5 postcode district. The below map shows the position of MONKS WAY on MONKSBRIDGE ROAD.