THE WILLOWS, FORE STREET, LANGTREE, TORRINGTON, EX38 8NG - £197,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE WILLOWS is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £197,000 in July 2013, which was around 24% below the average July 2013 detached price in the Torridge local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows four sales for THE WILLOWS 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 THE WILLOWS 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
2013 12 JUL	£197,000	£259,045	24% below HPI
2010 17 SEP	£200,000	£269,004	26% below HPI
2006 20 APR	£199,500	£250,354	20% below HPI
1995 15 DEC	£59,000	£68,476	14% below HPI

THE WILLOWS 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 THE WILLOWS sales between December 1995 and July 2013 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 September 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2013 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 81m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Langtree, based on EPC data. The below chart shows the distribution of detached houses by size in Langtree, and where THE WILLOWS lies on this distribution: 7% of detached houses are smaller than THE WILLOWS, and 90% of houses are larger. Note that EPC data is not available for all properties in Langtree.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on FORE STREET in LANGTREE, in the EX38 postcode district. The below map shows the position of THE WILLOWS on FORE STREET.