6, FAIRFAX WAY, TORRINGTON, EX38 7DA - £325,000

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

6 FAIRFAX WAY is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2024, which was around 20% below the average June 2024 detached price in the Torridge local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

6 FAIRFAX WAY Sold Prices

Land registry data shows two sales for 6 FAIRFAX WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two 6 FAIRFAX WAY 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
2024 14 JUN	£325,000	£408,288	20% below HPI
1998 17 APR	£70,500	£87,380	19% below HPI

6 FAIRFAX WAY 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 two 6 FAIRFAX WAY sales from April 1998 and June 2024 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 April 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 6 FAIRFAX WAY?

6 FAIRFAX WAY is 84m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% 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 6 FAIRFAX WAY lies on this distribution: 30% of detached houses are smaller than 6 FAIRFAX WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

6 FAIRFAX WAY: Plot and Title Map

6 FAIRFAX WAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 6 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 6 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 6 FAIRFAX WAY?

6 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 6 on FAIRFAX WAY.