15, OAKWELL CLOSE, TORRINGTON, EX38 7PA - £243,000

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.

15 OAKWELL CLOSE is a large extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £369,962. It was last sold for £243,000 in July 2010, which was around 8% below the average July 2010 detached price in the Torridge local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

15 OAKWELL CLOSE Sold Prices

Land registry data shows four sales for 15 OAKWELL 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 15 OAKWELL 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
2010 23 JUL	£243,000	£264,843	8% below HPI
2002 7 JAN	£114,950	£133,881	14% below HPI
2001 27 JUL	£91,000	£129,597	30% below HPI
1999 29 NOV	£63,750	£97,826	35% below HPI

15 OAKWELL 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 15 OAKWELL CLOSE sales between November 1999 and July 2010 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 January 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2010 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 OAKWELL CLOSE be worth now?

15 OAKWELL CLOSE might now be worth an estimated £369,962.

This is based on house price inflation of 52.2%, between July 2010 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 52.2% inflationary increase is applied to the most recent sale price for 15 OAKWELL CLOSE of £243,000 on 23rd July 2010. For the value to have increased from £243,000 to £369,962 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 OAKWELL CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The July 2010 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKWELL CLOSE has not materially changed since July 2010.

How Large is 15 OAKWELL CLOSE?

15 OAKWELL CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses houses in Great Torrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Torrington, and where 15 OAKWELL CLOSE lies on this distribution: 66% of detached houses houses are smaller than 15 OAKWELL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

15 OAKWELL CLOSE: Plot and Title Map

15 OAKWELL CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 15 OAKWELL 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 15 OAKWELL 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 15 OAKWELL CLOSE?

15 OAKWELL CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 15 on OAKWELL CLOSE.