FAIRVIEW HOUSE, THE CRESCENT, LANGTREE, TORRINGTON, EX38 8NH - £236,000

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

FAIRVIEW HOUSE is a small extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £236,000 in December 2020, which was around 34% below the average December 2020 detached price in the Torridge local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was D.

FAIRVIEW HOUSE Sold Prices

Land registry data shows two sales for FAIRVIEW HOUSE 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 FAIRVIEW HOUSE 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
2020 17 DEC	£236,000	£356,408	34% below HPI
1998 16 DEC	£70,000	£89,522	22% below HPI

FAIRVIEW HOUSE 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 FAIRVIEW HOUSE sales from December 1998 and December 2020 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 December 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is FAIRVIEW HOUSE?

FAIRVIEW HOUSE is 120m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Langtree, based on EPC data. The below chart shows the distribution of detached houses by size in Langtree, and where FAIRVIEW HOUSE lies on this distribution: 30% of detached houses are smaller than FAIRVIEW HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Langtree.

FAIRVIEW HOUSE: Plot and Title Map

FAIRVIEW HOUSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of FAIRVIEW HOUSE, 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 FAIRVIEW HOUSE). 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 FAIRVIEW HOUSE?

FAIRVIEW HOUSE is located on THE CRESCENT in LANGTREE, in the EX38 postcode district. The below map shows the position of FAIRVIEW HOUSE on THE CRESCENT.