4, CROMWELL CLOSE, TORRINGTON, EX38 7DF - £248,075

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CROMWELL CLOSE is a very large extended detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £396,983. It was last sold for £248,075 in May 2006, which was around 1% below the average May 2006 detached price in the Torridge local authority area. The most recent EPC inspection was January 2025, where the current energy rating was B, and the potential energy rating was B.

4 CROMWELL CLOSE Sold Prices

Land registry data shows three sales for 4 CROMWELL CLOSE 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. One of the three 4 CROMWELL CLOSE sales was for below the average price, whilst two 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
2006 8 MAY	£248,075	£249,594	1% below HPI
2005 18 FEB	£245,000	£231,747	6% above HPI
1998 30 APR	£98,000	£85,200	15% above HPI

4 CROMWELL CLOSE 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 4 CROMWELL CLOSE sales between April 1998 and May 2006 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 February 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2006 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 CROMWELL CLOSE be worth now?

4 CROMWELL CLOSE might now be worth an estimated £396,983.

This is based on house price inflation of 60%, between May 2006 and December 2024, 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 60% inflationary increase is applied to the most recent sale price for 4 CROMWELL CLOSE of £248,075 on 8th May 2006. For the value to have increased from £248,075 to £396,983 over the seventeen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 CROMWELL CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The May 2006 sale price of £248,075 represented a fair market value for the property.
• The size, condition, and specification of 4 CROMWELL CLOSE has not materially changed since May 2006.

How Large is 4 CROMWELL CLOSE?

4 CROMWELL CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in January 2025. This puts it in the largest 20% 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 4 CROMWELL CLOSE lies on this distribution: 86% of detached houses houses are smaller than 4 CROMWELL CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

4 CROMWELL CLOSE: Plot and Title Map

4 CROMWELL CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 4 CROMWELL CLOSE, 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 4 CROMWELL CLOSE). 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 4 CROMWELL CLOSE?

4 CROMWELL CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 4 on CROMWELL CLOSE.