LOWER FLAT, VALLI-HAVEN, DEVONS ROAD, TORQUAY, TQ1 3PR - £126,000

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.

LOWER FLAT is a very large extended flat of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £157,396. It was last sold for £126,000 in February 2015, which was around 15% above the average February 2015 flat price in the Torbay local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

LOWER FLAT Sold Prices

Land registry data shows three sales for LOWER FLAT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Torbay local authority area for the corresponding sale date. One of the three LOWER FLAT sales was for above the average price, whilst two 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
2015 6 FEB	£126,000	£109,362	15% above HPI
2012 8 OCT	£90,000	£103,787	13% below HPI
2001 14 MAY	£45,000	£55,682	19% below HPI

What might LOWER FLAT be worth now?

LOWER FLAT might now be worth an estimated £157,396.

This is based on house price inflation of 24.9%, between February 2015 and May 2026, for flats, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for LOWER FLAT of £126,000 on 6th February 2015. For the value to have increased from £126,000 to £157,396 over the ten years and nine months to May 2026, the following assumptions must hold true:

• The value of LOWER FLAT has moved in line with the HPI for flats in the Torbay local authority area.
• The February 2015 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER FLAT has not materially changed since February 2015.

How Large is LOWER FLAT?

LOWER FLAT is 89m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of flats in Torquay, based on EPC data. 86% of flats are smaller than LOWER FLAT, and 13% of flats are larger. Note that EPC data is not available for all properties in Torquay.

LOWER FLAT: Plot

LOWER FLAT sits on a plot of roughly 0.088 of an acre, or 355m².