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

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.

MONTROSE is a large detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £348,082. It was last sold for £255,000 in October 2016, which was around 11% 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	£287,188	11% below HPI
2013 23 JUL	£165,000	£252,585	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might MONTROSE be worth now?

MONTROSE might now be worth an estimated £348,082.

This is based on house price inflation of 36.5%, between October 2016 and March 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 36.5% inflationary increase is applied to the most recent sale price for MONTROSE of £255,000 on 23rd October 2016. For the value to have increased from £255,000 to £348,082 over the nine years and seven months to March 2025, the following assumptions must hold true:

• The value of MONTROSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The October 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of MONTROSE has not materially changed since October 2016.

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 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 MONTROSE lies on this distribution: 67% of detached houses houses are smaller than MONTROSE, and 32% 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.