15, FAIRFAX WAY, TORRINGTON, EX38 7DA - £305,000

15 FAIRFAX WAY is a midsized detached house of 98m², built sometime between 1996 and 2002. It was last sold for £305,000 in January 2024, which was around 27% below the average January 2024 detached price in the Torridge local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

15 FAIRFAX WAY Sold Prices

Land registry data shows five sales for 15 FAIRFAX WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the five 15 FAIRFAX WAY 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
2024 23 JAN	£305,000	£420,036	27% below HPI
2021 30 SEP	£282,500	£375,087	25% below HPI
2018 21 FEB	£225,000	£325,775	31% below HPI
2016 20 MAY	£205,000	£292,184	30% below HPI
1997 18 DEC	£69,950	£84,383	17% below HPI

15 FAIRFAX WAY 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 five 15 FAIRFAX WAY sales between December 1997 and January 2024 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 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 FAIRFAX WAY?

15 FAIRFAX WAY is 98m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% 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 15 FAIRFAX WAY lies on this distribution: 53% of detached houses are smaller than 15 FAIRFAX WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

15 FAIRFAX WAY: Plot and Title Map

15 FAIRFAX WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 15 FAIRFAX WAY, 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 15 FAIRFAX WAY). 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 15 FAIRFAX WAY?

15 FAIRFAX WAY is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 15 on FAIRFAX WAY.