8, MARTINS CLOSE, TORRINGTON, EX38 7LG - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MARTINS CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £200,000 in March 2016, which was around 34% below the average March 2016 detached price in the Torridge local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

8 MARTINS CLOSE Sold Prices

Land registry data shows three sales for 8 MARTINS CLOSE 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 8 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
2016 4 MAR	£200,000	£303,258	34% below HPI
2012 11 APR	£205,000	£261,251	22% below HPI
1997 17 NOV	£57,500	£85,875	33% below HPI

8 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 three 8 MARTINS CLOSE sales between November 1997 and March 2016 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 MARTINS CLOSE?

8 MARTINS CLOSE is 74m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 8 MARTINS CLOSE lies on this distribution: 19% of detached houses are smaller than 8 MARTINS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

8 MARTINS CLOSE: Plot and Title Map

8 MARTINS CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 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 8 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 8 MARTINS CLOSE?

8 MARTINS CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 8 on MARTINS CLOSE.