1, JUBILEE CLOSE, TORRINGTON, EX38 7DR - £293,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JUBILEE CLOSE is a small semi-detached house of 83m². It was last sold for £293,000 in January 2023, which was around 37% below the average January 2023 detached price in the Torridge local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

1 JUBILEE CLOSE Sold Prices

Land registry data shows four sales for 1 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four 1 JUBILEE CLOSE 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
2023 5 JAN	£293,000	£464,973	37% below HPI
2016 17 AUG	£177,500	£297,826	40% below HPI
2016 29 JUL	£179,950	£296,923	39% below HPI
2013 30 OCT	£165,000	£267,262	38% below HPI

1 JUBILEE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The four 1 JUBILEE CLOSE sales between October 2013 and January 2023 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is 83m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Great Torrington, based on EPC data. The below chart shows the distribution of detached houses by size in Great Torrington, and where 1 JUBILEE CLOSE lies on this distribution: 28% of detached houses are smaller than 1 JUBILEE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

1 JUBILEE CLOSE: Plot and Title Map

1 JUBILEE CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 1 JUBILEE CLOSE, 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 1 JUBILEE CLOSE). 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 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 1 on JUBILEE CLOSE.