KANDLES KORNER, EAST STREET, TORRINGTON, EX38 7BL - £123,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

KANDLES KORNER is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £172,906. It was last sold for £123,000 in March 2015, which was around 57% below the average March 2015 detached price in the Torridge local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

KANDLES KORNER Sold Prices

Land registry data shows two sales for KANDLES KORNER 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 KANDLES KORNER 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
2015 30 MAR	£123,000	£286,837	57% below HPI
2014 14 OCT	£92,400	£275,886	67% below HPI

KANDLES KORNER 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 KANDLES KORNER sales from October 2014 and March 2015 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 October 2014 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the March 2015 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might KANDLES KORNER be worth now?

KANDLES KORNER might now be worth an estimated £172,906.

This is based on house price inflation of 40.6%, between March 2015 and February 2025, 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 40.6% inflationary increase is applied to the most recent sale price for KANDLES KORNER of £123,000 on 30th March 2015. For the value to have increased from £123,000 to £172,906 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of KANDLES KORNER has moved in line with the HPI for detached houses in the Torridge local authority area.
• The March 2015 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of KANDLES KORNER has not materially changed since March 2015.

How Large is KANDLES KORNER?

KANDLES KORNER is 56m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses houses in Great Torrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Torrington, and where KANDLES KORNER lies on this distribution: 2% of detached houses houses are smaller than KANDLES KORNER, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

KANDLES KORNER: Plot and Title Map

KANDLES KORNER sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of KANDLES KORNER, 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 KANDLES KORNER). 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 KANDLES KORNER?

KANDLES KORNER is located on EAST STREET in TORRINGTON, in the EX38 postcode district. The below map shows the position of KANDLES KORNER on EAST STREET.