FAIRACRES, CHILSWORTHY, HOLSWORTHY, EX22 7BQ - £282,000

FAIRACRES is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £282,000 in November 2020, which was around 20% below the average November 2020 detached price in the Torridge local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was B.

FAIRACRES Sold Prices

Land registry data shows two sales for FAIRACRES 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 FAIRACRES 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
2020 20 NOV	£282,000	£350,776	20% below HPI
2013 4 OCT	£170,000	£267,262	36% below HPI

FAIRACRES 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 FAIRACRES sales from October 2013 and November 2020 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 October 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is FAIRACRES?

FAIRACRES is 79m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Chilsworthy, based on EPC data. The below chart shows the distribution of detached houses by size in Chilsworthy, and where FAIRACRES lies on this distribution: 4% of detached houses are smaller than FAIRACRES, and 93% of houses are larger. Note that EPC data is not available for all properties in Chilsworthy.

FAIRACRES: Plot and Title Map

FAIRACRES sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of FAIRACRES, 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 FAIRACRES). 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 FAIRACRES?

FAIRACRES is located in CHILSWORTHY, in the EX22 postcode district. The below map shows the position of FAIRACRES in CHILSWORTHY.