7, MARTINS CLOSE, TORRINGTON, EX38 7LG - £221,500

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

7 MARTINS CLOSE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £221,500 in June 2017, which was around 27% below the average June 2017 detached price in the Torridge local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

7 MARTINS CLOSE Sold Prices

Land registry data shows six sales for 7 MARTINS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the six 7 MARTINS CLOSE 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
2017 27 JUN	£221,500	£304,757	27% below HPI
2008 26 FEB	£195,000	£293,259	34% below HPI
2002 30 SEP	£135,000	£182,146	26% below HPI
2000 13 MAR	£74,000	£108,109	32% below HPI
1999 23 SEP	£74,000	£97,898	24% below HPI
1997 17 OCT	£62,500	£84,360	26% below HPI

7 MARTINS CLOSE 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 six 7 MARTINS CLOSE sales between October 1997 and June 2017 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 February 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 MARTINS CLOSE?

7 MARTINS CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 7 MARTINS CLOSE lies on this distribution: 36% of detached houses are smaller than 7 MARTINS CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

7 MARTINS CLOSE: Plot and Title Map

7 MARTINS CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 7 MARTINS CLOSE, 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 7 MARTINS CLOSE). 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 7 MARTINS CLOSE?

7 MARTINS CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 7 on MARTINS CLOSE.