3, BOROUGH ROAD, TORRINGTON, EX38 7NA - £190,000

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.

3 BOROUGH ROAD is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £268,909. It was last sold for £190,000 in May 2016, which was around 33% below the average May 2016 detached price in the Torridge local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 BOROUGH ROAD Sold Prices

Land registry data shows three sales for 3 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 3 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
2016 6 MAY	£190,000	£284,897	33% below HPI
2002 18 MAR	£107,500	£140,224	23% below HPI
2000 25 MAY	£74,950	£108,247	31% below HPI

3 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 3 BOROUGH ROAD sales between May 2000 and May 2016 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 March 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 BOROUGH ROAD be worth now?

3 BOROUGH ROAD might now be worth an estimated £268,909.

This is based on house price inflation of 41.5%, between May 2016 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 41.5% inflationary increase is applied to the most recent sale price for 3 BOROUGH ROAD of £190,000 on 6th May 2016. For the value to have increased from £190,000 to £268,909 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 BOROUGH ROAD has moved in line with the HPI for detached houses in the Torridge local authority area.
• The May 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BOROUGH ROAD has not materially changed since May 2016.

How Large is 3 BOROUGH ROAD?

3 BOROUGH ROAD is 58m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 3 BOROUGH ROAD lies on this distribution: 3% of detached houses houses are smaller than 3 BOROUGH ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

3 BOROUGH ROAD: Plot and Title Map

3 BOROUGH ROAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 3 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 3 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 3 BOROUGH ROAD?

3 BOROUGH ROAD is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 3 on BOROUGH ROAD.