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

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

3 BOROUGH ROAD is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £190,000 in May 2016, which was around 35% 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	£292,184	35% below HPI
2002 18 MAR	£107,500	£143,811	25% below HPI
2000 25 MAY	£74,950	£111,016	32% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Great Torrington, based on EPC data. The below chart shows the distribution of detached houses by size in Great Torrington, and where 3 BOROUGH ROAD lies on this distribution: 3% of detached 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.