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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRVIEW HOUSE is a small extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £271,242. It was last sold for £236,000 in December 2020, which was around 32% 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	£347,519	32% below HPI
1998 16 DEC	£70,000	£87,289	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might FAIRVIEW HOUSE be worth now?

FAIRVIEW HOUSE might now be worth an estimated £271,242.

This is based on house price inflation of 14.9%, between December 2020 and December 2024, 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 14.9% inflationary increase is applied to the most recent sale price for FAIRVIEW HOUSE of £236,000 on 17th December 2020. For the value to have increased from £236,000 to £271,242 over the four years to December 2024, the following assumptions must hold true:

• The value of FAIRVIEW HOUSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The December 2020 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW HOUSE has not materially changed since December 2020.

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 houses in Langtree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langtree, and where FAIRVIEW HOUSE lies on this distribution: 30% of detached houses 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.