According to the public record, Lymelights, Torquay is a mid-century freehold house and with 1,420 ft2 of internal area and sits on a 1,726 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Higher Lincombe Road, Torquay, TQ1 is located within the TQ1 postal district.
Lymelights, Torquay has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Lymelights Torquay as £720,269 and the rental value as £2,146 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Lymelights Torquay has decreased by £19,163 (2.7%) and its rental value has increased by £34 per month (1.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Lymelights, Torquay is in very good condition we estimate a sale value of £756,282 and rental value of £2,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £669,850 and a rental value of £1,996 per month.
If you were able to purchase this property for the estimated value of £720,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,540 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Lymelights, Torquay sits on a plot of 1726m2.
We have plot size data on 4 out of 6 other houses in the postcode and Lymelights, Torquay sits on the largest plot.
According to HM Land Registry, Lymelights, Torquay was last sold on 13 Jun 2023 for £740,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lymelights, Torquay within a radius of 273m over the last 2 years.
The most recent example is 14, Oxlea Close, Torquay, TQ1 2HB, a Freehold house which sold for £625,000 in Jul 2023.
Read more about house prices in TQ1.
Higher Lincombe Road, Torquay, TQ1 has a total of 67 addresses. According to our analysis of all the public data, Lymelights, Torquay is the 29th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £450k more expensive than the average property in TQ1.
Lymelights, Torquay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Lymelights, Torquay is Torquay station which is 2.6 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lymelights, Torquay, 47.2% of property is privately owned outright and 35.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lymelights, Torquay, 15.2% of residents are recorded as possessing school level qualifications and 39.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lymelights, Torquay, the average age was 55.4 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lymelights, Torquay, 1.5% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lymelights, Torquay, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.