2 Fernlea Mill Lane

    2 FERNLEA, MILL LANE, TORQUAY, TQ2 5AN

    This flat/maisonette leasehold property on Mill Lane last sold in February 2020 for £95,000. Based on price growth in the TQ2 district since then, its estimated current value is £106,095 — placing it in the 5th percentile nationally and the 5th percentile within TQ2. The property covers 51 m² (549 sq ft), giving an estimated value of £2,080 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £95,000

    Feb 2020

    Estimated Valuation

    £106,095

    Est. £/sq ft

    £193/sq ft

    £2,080/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2020

    £95,000

    19 Mar 1998

    £38,500

    26 Mar 1996

    New build

    £32,950

    Key Metrics

    Estimated valuation£106,095
    Value per sq ft / m²£193/sq ft (£2,080/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ2 district percentile5th percentile
    National percentile5th percentile

    District Context — TQ2

    TQ2 covers the central areas of Torquay and surrounding neighbourhoods in South Devon, positioned on the English Riviera coast. It is a well-established seaside destination with a mix of holiday attractions, residential communities, and maritime heritage.

    Average Property Price - TQ2

    £273,290

    35

    National percentile

    Average Net Household Income - TQ2

    £34,542

    29

    National percentile

    10-Year Annualised Price Growth - TQ2

    2.8%

    24

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    View full analysis for TQ2

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