5, FAIRFAX WAY, TORRINGTON, EX38 7DA - £228,000

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

5 FAIRFAX WAY is a large semi-detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £358,805. It was last sold for £228,000 in November 2013, which was around 25% above the average November 2013 semi-detached price in the Torridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

5 FAIRFAX WAY Sold Prices

Land registry data shows three sales for 5 FAIRFAX WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Torridge local authority area for the corresponding sale date. All of the three 5 FAIRFAX WAY sales 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
2013 29 NOV	£228,000	£181,724	25% above HPI
2004 21 JAN	£199,950	£139,442	43% above HPI
1997 28 NOV	£89,950	£55,139	63% above HPI

5 FAIRFAX WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torridge local authority area over time, sourced from the HPI. The three 5 FAIRFAX WAY sales between November 1997 and November 2013 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 2004 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2013 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 FAIRFAX WAY be worth now?

5 FAIRFAX WAY might now be worth an estimated £358,805.

This is based on house price inflation of 57.4%, between November 2013 and December 2024, for semi-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 57.4% inflationary increase is applied to the most recent sale price for 5 FAIRFAX WAY of £228,000 on 29th November 2013. For the value to have increased from £228,000 to £358,805 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 FAIRFAX WAY has moved in line with the HPI for semi-detached houses in the Torridge local authority area.
• The November 2013 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRFAX WAY has not materially changed since November 2013.

How Large is 5 FAIRFAX WAY?

5 FAIRFAX WAY is 112m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of semi-detached houses houses in Great Torrington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Torrington, and where 5 FAIRFAX WAY lies on this distribution: 66% of semi-detached houses houses are smaller than 5 FAIRFAX WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

5 FAIRFAX WAY: Plot and Title Map

5 FAIRFAX WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 5 FAIRFAX WAY, 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 5 FAIRFAX WAY). 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 5 FAIRFAX WAY?

5 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 5 on FAIRFAX WAY.