1, TOWNLAND RISE, PETROCKSTOW, OKEHAMPTON, EX20 3PQ - £318,000

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.

1 TOWNLAND RISE is a large detached house of 153m², built sometime between 2003 and 2006, which could now be worth an estimated £446,479. It was last sold for £318,000 in October 2016, which was around 11% above the average October 2016 detached price in the Torridge local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

1 TOWNLAND RISE Sold Prices

Land registry data shows three sales for 1 TOWNLAND RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three 1 TOWNLAND RISE sales were for above 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
2016 14 OCT	£318,000	£287,188	11% above HPI
2007 14 NOV	£330,000	£293,921	12% above HPI
2006 28 APR	£304,950	£244,110	25% above HPI

1 TOWNLAND RISE 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 three 1 TOWNLAND RISE sales between April 2006 and October 2016 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 November 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 TOWNLAND RISE be worth now?

1 TOWNLAND RISE might now be worth an estimated £446,479.

This is based on house price inflation of 40.4%, between October 2016 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.4% inflationary increase is applied to the most recent sale price for 1 TOWNLAND RISE of £318,000 on 14th October 2016. For the value to have increased from £318,000 to £446,479 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 TOWNLAND RISE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The October 2016 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWNLAND RISE has not materially changed since October 2016.

How Large is 1 TOWNLAND RISE?

1 TOWNLAND RISE is 153m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses houses in Petrockstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petrockstowe, and where 1 TOWNLAND RISE lies on this distribution: 73% of detached houses houses are smaller than 1 TOWNLAND RISE, and 27% of houses are larger. Note that EPC data is not available for all properties in Petrockstowe.

1 TOWNLAND RISE: Plot and Title Map

1 TOWNLAND RISE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 1 TOWNLAND RISE, 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 TOWNLAND RISE). 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 TOWNLAND RISE?

1 TOWNLAND RISE is located in PETROCKSTOW, in the EX20 postcode district. The below map shows the position of No. 1 on TOWNLAND RISE.