GRESHAM, RACK PARK CLOSE, TORRINGTON, EX38 8AH - £285,000

GRESHAM is a very large extended detached house of 210m², built sometime between 1967 and 1975. It was last sold for £285,000 in April 2011, which was around 17% above the average April 2011 detached price in the Torridge local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was C.

GRESHAM Sold Prices

Land registry data shows two sales for GRESHAM 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 GRESHAM 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
2011 19 APR	£285,000	£244,265	17% above HPI
2003 31 JAN	£220,000	£184,961	19% above HPI

GRESHAM 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 GRESHAM sales from January 2003 and April 2011 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 January 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2011 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is GRESHAM?

GRESHAM is 210m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the largest 10% 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 GRESHAM lies on this distribution: 98% of detached houses are smaller than GRESHAM, and 2% of houses are larger. Note that EPC data is not available for all properties in Great Torrington.

GRESHAM: Plot and Title Map

GRESHAM sits on a plot of roughly 0.356 of an acre, or 1,441m². The below map shows the location of GRESHAM, 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 GRESHAM). 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 GRESHAM?

GRESHAM is located on RACK PARK CLOSE in TORRINGTON, in the EX38 postcode district. The below map shows the position of GRESHAM on RACK PARK CLOSE.