17, OAKWELL CLOSE, TORRINGTON, EX38 7PA - £196,000

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.

17 OAKWELL CLOSE is a large detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £300,310. It was last sold for £196,000 in May 2008, which was around 26% below the average May 2008 detached price in the Torridge local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

17 OAKWELL CLOSE Sold Prices

Land registry data shows three sales for 17 OAKWELL CLOSE 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 17 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
2008 28 MAY	£196,000	£263,164	26% below HPI
2006 8 SEP	£176,000	£257,777	32% below HPI
2000 31 MAR	£65,750	£105,412	38% below HPI

17 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 three 17 OAKWELL CLOSE sales between March 2000 and May 2008 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 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2008 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 17 OAKWELL CLOSE be worth now?

17 OAKWELL CLOSE might now be worth an estimated £300,310.

This is based on house price inflation of 53.2%, between May 2008 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 53.2% inflationary increase is applied to the most recent sale price for 17 OAKWELL CLOSE of £196,000 on 28th May 2008. For the value to have increased from £196,000 to £300,310 over the seventeen years and three months to February 2025, the following assumptions must hold true:

• The value of 17 OAKWELL CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The May 2008 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 17 OAKWELL CLOSE has not materially changed since May 2008.

How Large is 17 OAKWELL CLOSE?

17 OAKWELL CLOSE is 111m² according to the EPC inspection conducted in October 2018. 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 17 OAKWELL CLOSE lies on this distribution: 66% of detached houses houses are smaller than 17 OAKWELL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

17 OAKWELL CLOSE: Plot and Title Map

17 OAKWELL CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 17 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 17 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 17 OAKWELL CLOSE?

17 OAKWELL CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 17 on OAKWELL CLOSE.