FIRS, STIBB CROSS, TORRINGTON, EX38 8LW - £330,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

FIRS is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £330,000 in January 2021, which was around 5% below the average January 2021 detached price in the Torridge local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

FIRS Sold Prices

Land registry data shows three sales for FIRS 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 FIRS 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
2021 15 JAN	£330,000	£348,201	5% below HPI
2019 13 DEC	£305,000	£332,747	8% below HPI
2013 2 JAN	£190,000	£258,006	26% below HPI

FIRS 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 FIRS sales between January 2013 and January 2021 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 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is FIRS?

FIRS is 118m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses in Stibb Cross, based on EPC data. The below chart shows the distribution of detached houses by size in Stibb Cross, and where FIRS lies on this distribution: 52% of detached houses are smaller than FIRS, and 48% of houses are larger. Note that EPC data is not available for all properties in Stibb Cross.

FIRS: Plot and Title Map

FIRS sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of FIRS, 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 FIRS). 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 FIRS?

FIRS is located in STIBB CROSS, in the EX38 postcode district. The below map shows the position of FIRS in STIBB CROSS.