OAKFIELD, WARREN CLOSE, TORRINGTON, EX38 8DR - £235,000

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

OAKFIELD is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £235,000 in January 2016, which was around 21% below the average January 2016 detached price in the Torridge local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

OAKFIELD Sold Prices

Land registry data shows two sales for OAKFIELD 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 OAKFIELD 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 15 JAN	£235,000	£298,702	21% below HPI
2006 3 MAR	£205,000	£252,568	19% below HPI

OAKFIELD 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 OAKFIELD sales from March 2006 and January 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 March 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is OAKFIELD?

OAKFIELD is 89m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 OAKFIELD lies on this distribution: 38% of detached houses are smaller than OAKFIELD, and 60% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on WARREN CLOSE in TORRINGTON, in the EX38 postcode district. The below map shows the position of OAKFIELD on WARREN CLOSE.