3, TOWNLAND RISE, PETROCKSTOW, OKEHAMPTON, EX20 3PQ - £407,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 TOWNLAND RISE is a midsized detached house of 142m², built sometime between 2003 and 2006. It was last sold for £407,000 in May 2022, which was around 1% below the average May 2022 detached price in the Torridge local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

3 TOWNLAND RISE Sold Prices

Land registry data shows four sales for 3 TOWNLAND RISE 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 3 TOWNLAND RISE 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
2022 31 MAY	£407,000	£410,433	1% below HPI
2016 7 JAN	£273,000	£298,702	9% below HPI
2013 3 JUL	£250,000	£259,045	3% below HPI
2005 30 SEP	£249,950	£256,209	2% below HPI

3 TOWNLAND RISE 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 3 TOWNLAND RISE sales between September 2005 and May 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 January 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 TOWNLAND RISE?

3 TOWNLAND RISE is 142m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses in Petrockstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Petrockstowe, and where 3 TOWNLAND RISE lies on this distribution: 56% of detached houses are smaller than 3 TOWNLAND RISE, and 40% of houses are larger. Note that EPC data is not available for all properties in Petrockstowe.

3 TOWNLAND RISE: Plot and Title Map

3 TOWNLAND RISE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 TOWNLAND RISE, 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 TOWNLAND RISE). 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 TOWNLAND RISE?

3 TOWNLAND RISE is located in PETROCKSTOW, in the EX20 postcode district. The below map shows the position of No. 3 on TOWNLAND RISE.