42B, WELL STREET, TORRINGTON, EX38 7BW - £200,000

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

42B WELL STREET is a very small extended detached house of 45m², built sometime before 1900. It was last sold for £200,000 in January 2023, which was around 57% below the average January 2023 detached price in the Torridge local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

42B WELL STREET Sold Prices

Land registry data shows three sales for 42B WELL STREET 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 42B WELL STREET 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
2023 10 JAN	£200,000	£464,973	57% below HPI
2017 26 JAN	£125,000	£300,227	58% below HPI
2012 9 NOV	£120,000	£259,423	54% below HPI

42B WELL STREET 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 42B WELL STREET sales between November 2012 and January 2023 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 2017 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2023 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 42B WELL STREET?

42B WELL STREET is 45m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 42B WELL STREET lies on this distribution: 1% of detached houses are smaller than 42B WELL STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

42B WELL STREET: Plot and Title Map

42B WELL STREET sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 42B WELL STREET, 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 42B WELL STREET). 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 42B WELL STREET?

42B WELL STREET is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 42B on WELL STREET.