5, MARSHALLS YARD, TORRINGTON, EX38 7AQ - £180,000

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.

5 MARSHALLS YARD is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £223,299. It was last sold for £180,000 in February 2019, which was around 45% below the average February 2019 detached price in the Torridge local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

5 MARSHALLS YARD Sold Prices

Land registry data shows three sales for 5 MARSHALLS YARD 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 5 MARSHALLS YARD 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
2019 5 FEB	£180,000	£325,032	45% below HPI
2015 5 NOV	£152,500	£290,719	48% below HPI
2008 1 SEP	£175,000	£271,536	36% below HPI

5 MARSHALLS YARD 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 5 MARSHALLS YARD sales between September 2008 and February 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 November 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2019 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 MARSHALLS YARD be worth now?

5 MARSHALLS YARD might now be worth an estimated £223,299.

This is based on house price inflation of 24.1%, between February 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 24.1% inflationary increase is applied to the most recent sale price for 5 MARSHALLS YARD of £180,000 on 5th February 2019. For the value to have increased from £180,000 to £223,299 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 MARSHALLS YARD has moved in line with the HPI for detached houses in the Torridge local authority area.
• The February 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARSHALLS YARD has not materially changed since February 2019.

How Large is 5 MARSHALLS YARD?

5 MARSHALLS YARD is 73m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 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 5 MARSHALLS YARD lies on this distribution: 16% of detached houses houses are smaller than 5 MARSHALLS YARD, and 83% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

5 MARSHALLS YARD: Plot and Title Map

5 MARSHALLS YARD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 MARSHALLS YARD, 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 MARSHALLS YARD). 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 MARSHALLS YARD?

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