18, FAIRFAX WAY, TORRINGTON, EX38 7DA - £240,000

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

18 FAIRFAX WAY is a midsized detached house of 90m², built sometime between 1996 and 2002. It was last sold for £240,000 in October 2010, which was around 10% below the average October 2010 detached price in the Torridge local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

18 FAIRFAX WAY Sold Prices

Land registry data shows three sales for 18 FAIRFAX WAY 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. The three 18 FAIRFAX WAY sales were a mix of below the average price, and roughly equal to 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 15 OCT	£240,000	£265,786	10% below HPI
2009 18 FEB	£195,000	£239,890	19% below HPI
1998 9 NOV	£92,250	£92,136	Close to HPI

18 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 three 18 FAIRFAX WAY sales between November 1998 and October 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 February 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 18 FAIRFAX WAY?

18 FAIRFAX WAY is 90m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 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 18 FAIRFAX WAY lies on this distribution: 41% of detached houses are smaller than 18 FAIRFAX WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

18 FAIRFAX WAY: Plot and Title Map

18 FAIRFAX WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 18 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 18 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 18 FAIRFAX WAY?

18 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 18 on FAIRFAX WAY.