CORNERWAYS, WARREN CLOSE, TORRINGTON, EX38 8DR - £257,500

CORNERWAYS is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £257,500 in May 2018, which was around 21% below the average May 2018 detached price in the Torridge local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three CORNERWAYS 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
2018 21 MAY	£257,500	£327,997	21% below HPI
2015 17 AUG	£215,000	£293,394	27% below HPI
2011 15 JUL	£173,000	£255,600	32% below HPI

CORNERWAYS 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 three CORNERWAYS sales between July 2011 and May 2018 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 76m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 CORNERWAYS lies on this distribution: 19% of detached houses are smaller than CORNERWAYS, and 80% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on WARREN CLOSE in TORRINGTON, in the EX38 postcode district. The below map shows the position of CORNERWAYS on WARREN CLOSE.