21, FAIRFAX WAY, TORRINGTON, EX38 7DA - £485,000

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.

21 FAIRFAX WAY is a very large extended detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £442,944. It was last sold for £485,000 in November 2022, which was around 10% above the average November 2022 detached price in the Torridge local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

21 FAIRFAX WAY Sold Prices

Land registry data shows four sales for 21 FAIRFAX WAY 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 21 FAIRFAX WAY sales were for above 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
2022 21 NOV	£485,000	£441,502	10% above HPI
2014 21 MAY	£317,500	£261,769	21% above HPI
1999 27 AUG	£109,950	£94,228	17% above HPI
1998 14 AUG	£95,000	£88,998	7% above HPI

21 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 four 21 FAIRFAX WAY sales between August 1998 and November 2022 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 May 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 21 FAIRFAX WAY be worth now?

21 FAIRFAX WAY might now be worth an estimated £442,944.

This is based on house price deflation of 8.7%, between November 2022 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 8.7% deflationary decrease is applied to the most recent sale price for 21 FAIRFAX WAY of £485,000 on 21st November 2022. For the value to have decreased from £485,000 to £442,944 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 21 FAIRFAX WAY has moved in line with the HPI for detached houses in the Torridge local authority area.
• The November 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 21 FAIRFAX WAY has not materially changed since November 2022.

How Large is 21 FAIRFAX WAY?

21 FAIRFAX WAY is 177m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% 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 21 FAIRFAX WAY lies on this distribution: 95% of detached houses houses are smaller than 21 FAIRFAX WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

21 FAIRFAX WAY: Plot and Title Map

21 FAIRFAX WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 21 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 21 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 21 FAIRFAX WAY?

21 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 21 on FAIRFAX WAY.