BANKSIDE, GAS LANE, TORRINGTON, EX38 7BE - £360,000

BANKSIDE is a very large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £360,000 in February 2021, which was around 3% above the average February 2021 detached price in the Torridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two BANKSIDE sales were for above 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 23 FEB	£360,000	£349,901	3% above HPI
2002 20 AUG	£215,000	£171,826	25% above HPI

BANKSIDE 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 two BANKSIDE sales from August 2002 and February 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 August 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is BANKSIDE?

BANKSIDE is 138m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% 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 BANKSIDE lies on this distribution: 83% of detached houses are smaller than BANKSIDE, and 16% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on GAS LANE in TORRINGTON, in the EX38 postcode district. The below map shows the position of BANKSIDE on GAS LANE.