37, MORTON DRIVE, TORRINGTON, EX38 7AS - £235,000

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.

37 MORTON DRIVE is a large detached house of 121m², built sometime between 2007 and 2011, which could now be worth an estimated £302,572. It was last sold for £235,000 in September 2017, which was around 25% below the average September 2017 detached price in the Torridge local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

37 MORTON DRIVE Sold Prices

Land registry data shows four sales for 37 MORTON DRIVE 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 37 MORTON DRIVE 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
2017 28 SEP	£235,000	£313,169	25% below HPI
2016 26 AUG	£240,000	£290,398	17% below HPI
2015 14 JAN	£205,000	£276,159	26% below HPI
2010 22 MAR	£201,000	£260,332	23% below HPI

37 MORTON DRIVE 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 37 MORTON DRIVE sales between March 2010 and September 2017 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 August 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 37 MORTON DRIVE be worth now?

37 MORTON DRIVE might now be worth an estimated £302,572.

This is based on house price inflation of 28.8%, between September 2017 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 28.8% inflationary increase is applied to the most recent sale price for 37 MORTON DRIVE of £235,000 on 28th September 2017. For the value to have increased from £235,000 to £302,572 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 37 MORTON DRIVE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The September 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MORTON DRIVE has not materially changed since September 2017.

How Large is 37 MORTON DRIVE?

37 MORTON DRIVE is 121m² according to the EPC inspection conducted in January 2022. This puts it in the largest 30% 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 37 MORTON DRIVE lies on this distribution: 73% of detached houses houses are smaller than 37 MORTON DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

37 MORTON DRIVE: Plot and Title Map

37 MORTON DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 37 MORTON DRIVE, 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 37 MORTON DRIVE). 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 37 MORTON DRIVE?

37 MORTON DRIVE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 37 on MORTON DRIVE.