11, FAIRFAX WAY, TORRINGTON, EX38 7DA - £298,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 FAIRFAX WAY is a large extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £298,000 in December 2021, which was around 26% below the average December 2021 detached price in the Torridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

11 FAIRFAX WAY Sold Prices

Land registry data shows five sales for 11 FAIRFAX WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the five 11 FAIRFAX WAY 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
2021 16 DEC	£298,000	£404,182	26% below HPI
2012 28 JUN	£180,000	£265,097	32% below HPI
2007 1 MAY	£217,950	£255,090	15% below HPI
2002 28 MAY	£137,000	£150,429	9% below HPI
1997 18 DEC	£69,950	£84,383	17% below HPI

11 FAIRFAX WAY 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 five 11 FAIRFAX WAY sales between December 1997 and December 2021 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 June 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 11 FAIRFAX WAY?

11 FAIRFAX WAY is 116m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 11 FAIRFAX WAY lies on this distribution: 71% of detached houses are smaller than 11 FAIRFAX WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

11 FAIRFAX WAY: Plot and Title Map

11 FAIRFAX WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 11 FAIRFAX WAY, 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 11 FAIRFAX WAY). 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 11 FAIRFAX WAY?

11 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 11 on FAIRFAX WAY.