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
15 FAIRFAX WAY is a midsized detached house of 98m², built sometime between 1996 and 2002. It was last sold for £305,000 in January 2024, which was around 29% below the average January 2024 detached price in the Torridge local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 15 FAIRFAX WAY since 1st 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 15 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 |
---|---|---|---|
2024 23 JAN | £305,000 | £429,113 | 29% below HPI |
2021 30 SEP | £282,500 | £375,087 | 25% below HPI |
2018 21 FEB | £225,000 | £325,775 | 31% below HPI |
2016 20 MAY | £205,000 | £292,184 | 30% below HPI |
1997 18 DEC | £69,950 | £84,383 | 17% below HPI |
The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The five 15 FAIRFAX WAY sales between December 1997 and January 2024 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 September 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
15 FAIRFAX WAY is 98m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% 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 15 FAIRFAX WAY lies on this distribution: 54% of detached houses are smaller than 15 FAIRFAX WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.
15 FAIRFAX WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 15 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 15 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.
15 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 15 on FAIRFAX WAY.