WELAWAY, TORRINGTON ROAD, WINKLEIGH, EX19 8HR - £261,000

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

WELAWAY is a very large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £261,000 in June 2020, which was around 21% below the average June 2020 detached price in the Torridge local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

WELAWAY Sold Prices

Land registry data shows four sales for WELAWAY 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 WELAWAY 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
2020 1 JUN	£261,000	£330,670	21% below HPI
2015 3 JUL	£237,000	£287,854	18% below HPI
2011 19 AUG	£225,000	£260,272	14% below HPI
2004 22 SEP	£235,000	£246,591	5% below HPI

WELAWAY 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 WELAWAY sales between September 2004 and June 2020 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 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is WELAWAY?

WELAWAY is 142m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses in Winkleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Winkleigh, and where WELAWAY lies on this distribution: 80% of detached houses are smaller than WELAWAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Winkleigh.

WELAWAY: Plot and Title Map

WELAWAY sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of WELAWAY, 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 WELAWAY). 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 WELAWAY?

WELAWAY is located on TORRINGTON ROAD in WINKLEIGH, in the EX19 postcode district. The below map shows the position of WELAWAY on TORRINGTON ROAD.