Springwater House Lower Erith Road

    SPRINGWATER HOUSE, LOWER ERITH ROAD, TORQUAY, TQ1 2PX

    This detached freehold property on Lower Erith Road last sold in October 2024 for £890,000. Based on price growth in the TQ1 district since then, its estimated current value is £694,943 — placing it in the 90th percentile nationally and the 97th percentile within TQ1. The property covers 298 m² (3,208 sq ft), giving an estimated value of £2,332 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,208 sq ft

    298 m²

    Last Sale Price

    £890,000

    Oct 2024

    Estimated Valuation

    £694,943

    Est. £/sq ft

    £217/sq ft

    £2,332/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area3,208 sq ft (298 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Oct 2024

    £890,000

    26 Jan 2018

    £475,000

    17 Aug 2007

    £495,000

    8 Feb 2001

    £80,000

    Key Metrics

    Estimated valuation£694,943
    Value per sq ft / m²£217/sq ft (£2,332/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile97th percentile
    National percentile90th percentile

    District Context — TQ1

    TQ1 covers Torquay town centre and the immediate surrounding areas on the English Riviera in South Devon. It is a established seaside resort destination that blends holiday appeal with permanent residential communities.

    Average Property Price - TQ1

    £247,324

    27

    National percentile

    Average Net Household Income - TQ1

    £32,859

    18

    National percentile

    10-Year Annualised Price Growth - TQ1

    2.1%

    10

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    View full analysis for TQ1

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