MEADOW BANK, BROAD STREET, BLACK TORRINGTON, BEAWORTHY, EX21 5PT - £270,000

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.

MEADOW BANK is a small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £333,658. It was last sold for £270,000 in February 2020, which was around 17% below the average February 2020 detached price in the Torridge local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

MEADOW BANK Sold Prices

Land registry data shows four sales for MEADOW BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four MEADOW BANK 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 12 FEB	£270,000	£326,289	17% below HPI
2016 28 JAN	£235,000	£291,252	19% below HPI
2013 23 AUG	£160,000	£250,195	36% below HPI
2001 2 MAR	£115,000	£120,153	4% below HPI

MEADOW BANK 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 four MEADOW BANK sales between March 2001 and February 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 January 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might MEADOW BANK be worth now?

MEADOW BANK might now be worth an estimated £333,658.

This is based on house price inflation of 23.6%, between February 2020 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 23.6% inflationary increase is applied to the most recent sale price for MEADOW BANK of £270,000 on 12th February 2020. For the value to have increased from £270,000 to £333,658 over the five years to February 2025, the following assumptions must hold true:

• The value of MEADOW BANK has moved in line with the HPI for detached houses in the Torridge local authority area.
• The February 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW BANK has not materially changed since February 2020.

How Large is MEADOW BANK?

MEADOW BANK is 82m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Black Torrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Black Torrington, and where MEADOW BANK lies on this distribution: 23% of detached houses houses are smaller than MEADOW BANK, and 77% of houses are larger. Note that EPC data is not available for all properties in Black Torrington.

MEADOW BANK: Plot and Title Map

MEADOW BANK sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of MEADOW BANK, 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 MEADOW BANK). 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 MEADOW BANK?

MEADOW BANK is located on BROAD STREET in BLACK TORRINGTON, in the EX21 postcode district. The below map shows the position of MEADOW BANK on BROAD STREET.