1, JUBILEE CLOSE, TORRINGTON, EX38 7DR - £293,000

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.

1 JUBILEE CLOSE is a small semi-detached house of 83m², built in 2012, which could now be worth an estimated £246,998. It was last sold for £293,000 in January 2023, which was around 7% below the average January 2023 semi-detached price in the Torridge local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

1 JUBILEE CLOSE Sold Prices

Land registry data shows four sales for 1 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Torridge local authority area for the corresponding sale date. All of the four 1 JUBILEE CLOSE 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
2023 5 JAN	£293,000	£316,487	7% below HPI
2016 17 AUG	£177,500	£200,435	11% below HPI
2016 29 JUL	£179,950	£200,271	10% below HPI
2013 30 OCT	£165,000	£180,454	9% below HPI

1 JUBILEE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torridge local authority area over time, sourced from the HPI. The four 1 JUBILEE CLOSE sales between October 2013 and January 2023 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 August 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 JUBILEE CLOSE be worth now?

1 JUBILEE CLOSE might now be worth an estimated £246,998.

This is based on house price deflation of 15.7%, between January 2023 and May 2026, for semi-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 15.7% deflationary decrease is applied to the most recent sale price for 1 JUBILEE CLOSE of £293,000 on 5th January 2023. For the value to have decreased from £293,000 to £246,998 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 JUBILEE CLOSE has moved in line with the HPI for semi-detached houses in the Torridge local authority area.
• The January 2023 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JUBILEE CLOSE has not materially changed since January 2023.

How Large is 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is 83m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of semi-detached houses houses in Great Torrington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Torrington, and where 1 JUBILEE CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 1 JUBILEE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

1 JUBILEE CLOSE: Plot and Title Map

1 JUBILEE CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 1 JUBILEE CLOSE, 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 1 JUBILEE CLOSE). 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 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 1 on JUBILEE CLOSE.