4, KINGSMEAD DRIVE, TORRINGTON, EX38 7DD - £275,000

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.

4 KINGSMEAD DRIVE is a small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £339,143. It was last sold for £275,000 in August 2019, which was around 16% below the average August 2019 detached price in the Torridge local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

4 KINGSMEAD DRIVE Sold Prices

Land registry data shows three sales for 4 KINGSMEAD DRIVE 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. Two of the three 4 KINGSMEAD DRIVE sales were for below the average price, whilst one was 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
2019 14 AUG	£275,000	£326,956	16% below HPI
1998 30 SEP	£82,000	£91,582	10% below HPI
1997 27 FEB	£79,950	£75,122	6% above HPI

4 KINGSMEAD 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 three 4 KINGSMEAD DRIVE sales between February 1997 and August 2019 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 September 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 KINGSMEAD DRIVE be worth now?

4 KINGSMEAD DRIVE might now be worth an estimated £339,143.

This is based on house price inflation of 23.3%, between August 2019 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 23.3% inflationary increase is applied to the most recent sale price for 4 KINGSMEAD DRIVE of £275,000 on 14th August 2019. For the value to have increased from £275,000 to £339,143 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 KINGSMEAD DRIVE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The August 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KINGSMEAD DRIVE has not materially changed since August 2019.

How Large is 4 KINGSMEAD DRIVE?

4 KINGSMEAD DRIVE is 88m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% 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 KINGSMEAD DRIVE lies on this distribution: 36% of detached houses houses are smaller than 4 KINGSMEAD DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

4 KINGSMEAD DRIVE: Plot and Title Map

4 KINGSMEAD DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 4 KINGSMEAD 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 4 KINGSMEAD 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 4 KINGSMEAD DRIVE?

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