MONTROSE, HATCHMOOR ROAD, TORRINGTON, EX38 7BU - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MONTROSE is a large detached house of 112m², built sometime between 1930 and 1949. It was last sold for £255,000 in October 2016, which was around 13% below the average October 2016 detached price in the Torridge local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was D.

MONTROSE Sold Prices

Land registry data shows two sales for MONTROSE 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 MONTROSE 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
2016 23 OCT	£255,000	£294,534	13% below HPI
2013 23 JUL	£165,000	£259,045	36% below HPI

MONTROSE 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 MONTROSE sales from July 2013 and October 2016 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 July 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is MONTROSE?

MONTROSE is 112m² according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Great Torrington, based on EPC data. The below chart shows the distribution of detached houses by size in Great Torrington, and where MONTROSE lies on this distribution: 66% of detached houses are smaller than MONTROSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

MONTROSE: Plot and Title Map

MONTROSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of MONTROSE, 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 MONTROSE). 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 MONTROSE?

MONTROSE is located on HATCHMOOR ROAD in TORRINGTON, in the EX38 postcode district. The below map shows the position of MONTROSE on HATCHMOOR ROAD.