TORCOT, UPPER TORRS PARK, ILFRACOMBE, EX34 8BB - £195,000

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.

TORCOT is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £304,797. It was last sold for £195,000 in January 2011, which was around 32% below the average January 2011 detached price in the North Devon local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

TORCOT Sold Prices

Land registry data shows two sales for TORCOT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two TORCOT 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
2011 21 JAN	£195,000	£284,787	32% below HPI
2003 25 JUL	£128,000	£215,586	41% below HPI

TORCOT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two TORCOT sales from July 2003 and January 2011 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 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2011 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might TORCOT be worth now?

TORCOT might now be worth an estimated £304,797.

This is based on house price inflation of 56.3%, between January 2011 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.3% inflationary increase is applied to the most recent sale price for TORCOT of £195,000 on 21st January 2011. For the value to have increased from £195,000 to £304,797 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of TORCOT has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of TORCOT has not materially changed since January 2011.

How Large is TORCOT?

TORCOT is 62m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilfracombe, and where TORCOT lies on this distribution: 5% of detached houses houses are smaller than TORCOT, and 95% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

TORCOT: Plot and Title Map

TORCOT sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of TORCOT, 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 TORCOT). 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 TORCOT?

TORCOT is located on UPPER TORRS PARK in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of TORCOT on UPPER TORRS PARK.