12, FAIRFAX WAY, TORRINGTON, EX38 7DA - £245,000

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

12 FAIRFAX WAY is a very large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £245,000 in July 2006, which was around 5% below the average July 2006 detached price in the Torridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

12 FAIRFAX WAY Sold Prices

Land registry data shows two sales for 12 FAIRFAX WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two 12 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
2006 17 JUL	£245,000	£257,356	5% below HPI
1998 30 JUL	£89,150	£89,749	1% below HPI

12 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 two 12 FAIRFAX WAY sales from July 1998 and July 2006 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 July 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2006 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 FAIRFAX WAY?

12 FAIRFAX WAY is 139m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 20% 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 12 FAIRFAX WAY lies on this distribution: 85% of detached houses are smaller than 12 FAIRFAX WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

12 FAIRFAX WAY: Plot and Title Map

12 FAIRFAX WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 12 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 12 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 12 FAIRFAX WAY?

12 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 12 on FAIRFAX WAY.