37, MILL STREET, TORRINGTON, EX38 8AL - £180,000

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.

37 MILL STREET is a midsized extended terraced house of 98m², built sometime before 1900, which could now be worth an estimated £193,292. It was last sold for £180,000 in July 2021, which was around 6% below the average July 2021 terraced price in the Torridge local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

37 MILL STREET Sold Prices

Land registry data shows three sales for 37 MILL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Torridge local authority area for the corresponding sale date. All of the three 37 MILL STREET 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
2021 27 JUL	£180,000	£190,577	6% below HPI
2002 31 MAY	£46,000	£70,941	35% below HPI
2001 12 APR	£46,000	£59,259	22% below HPI

37 MILL STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Torridge local authority area over time, sourced from the HPI. The three 37 MILL STREET sales between April 2001 and July 2021 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 May 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 37 MILL STREET be worth now?

37 MILL STREET might now be worth an estimated £193,292.

This is based on house price inflation of 7.4%, between July 2021 and July 2025, for terraced 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 7.4% inflationary increase is applied to the most recent sale price for 37 MILL STREET of £180,000 on 27th July 2021. For the value to have increased from £180,000 to £193,292 over the four years to July 2025, the following assumptions must hold true:

• The value of 37 MILL STREET has moved in line with the HPI for terraced houses in the Torridge local authority area.
• The July 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MILL STREET has not materially changed since July 2021.

How Large is 37 MILL STREET?

37 MILL STREET is 98m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of terraced houses houses in Great Torrington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Torrington, and where 37 MILL STREET lies on this distribution: 53% of terraced houses houses are smaller than 37 MILL STREET, and 46% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

37 MILL STREET: Plot and Title Map

37 MILL STREET sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 37 MILL STREET, 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 37 MILL STREET). 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 37 MILL STREET?

37 MILL STREET is located in TORRINGTON, in the EX38 postcode district. The below map shows the position of No. 37 on MILL STREET.