2, BOROUGH ROAD, TORRINGTON, EX38 7NA - £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

2 BOROUGH ROAD is a small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £240,000 in April 2020, which was around 28% below the average April 2020 detached price in the Torridge local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

2 BOROUGH ROAD Sold Prices

Land registry data shows three sales for 2 BOROUGH ROAD 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 2 BOROUGH ROAD 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
2020 3 APR	£240,000	£335,279	28% below HPI
2001 21 SEP	£112,500	£146,205	23% below HPI
1999 25 FEB	£68,500	£89,354	23% below HPI

2 BOROUGH ROAD 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 2 BOROUGH ROAD sales between February 1999 and April 2020 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 BOROUGH ROAD?

2 BOROUGH ROAD is 78m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% 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 2 BOROUGH ROAD lies on this distribution: 23% of detached houses are smaller than 2 BOROUGH ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

2 BOROUGH ROAD: Plot and Title Map

2 BOROUGH ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 BOROUGH ROAD, 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 2 BOROUGH ROAD). 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 2 BOROUGH ROAD?

2 BOROUGH ROAD is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 2 on BOROUGH ROAD.