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House Prices in EX38

The average house price in EX38 (Torrington) is £257,166 using HM Land Registry data.

The average property price increased by £59,664 (42.1%) over the last 5 years and increased by £11,955 (5.73%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 21 transactions (-25.30%) relative to the previous year. The majority of house sales (24) were in the £224,000 - £288,000 range. Then came properties in the £160,000 - £224,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 147 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,758 (-3%).

In Dec 24, there were 4 new estate agency instructions, 15 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in EX38 (Torrington)

42.1%

Property prices in Torrington increased by 42.1% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EX38 (Torrington) Over the Last Year

5.73%

Property prices in Torrington increased by 5.73% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for EX38 (Torrington) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EX38 (Torrington)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EX38 (Torrington)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EX38 (Torrington)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EX38 (Torrington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX38 postcode area since 1995.

Recent Sales in EX38 (Torrington)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
35 Rosemoor Road, Torrington, Devon, EX38 7NB	£350,000	£325,000	-£25,000	30 Sep 2024	18 Nov 2024	49 Days
18 Kingsmead Drive, Torrington, Devon, EX38 7DD	£425,000	£422,000	-£3,000	01 Aug 2024	08 Nov 2024	99 Days
6 Prideaux Meadow, Torrington, Devon, EX38 7NH	£290,000	£275,000	-£15,000	28 Sep 2023	06 Sep 2024	344 Days
165 New Street, Torrington, Devon, EX38 8BX	£210,000	£195,000	-£15,000	18 Dec 2023	12 Jul 2024	207 Days
7 Rosemoor Road, Torrington, Devon, EX38 7NB	£280,000	£280,000	£00	09 Feb 2024	09 Jul 2024	151 Days
56 Kingsmead Drive, Torrington, Devon, EX38 7DD	£425,000	£415,000	-£10,000	22 Jan 2024	08 Jul 2024	168 Days
23 Caddywell Meadow, Torrington, Devon, EX38 7NZ	£168,000	£165,000	-£3,000	17 Jan 2024	05 Jul 2024	170 Days
6 Fairfax Way, Torrington, Devon, EX38 7DA	£325,000	£325,000	£00	21 Nov 2023	14 Jun 2024	206 Days
Oakleigh, Villa Road, Torrington, Devon, EX38 8DZ	£610,000	£555,000	-£55,000	18 Aug 2023	06 Jun 2024	293 Days
18 Rack Park Close, Torrington, Devon, EX38 8AH	£280,000	£280,000	£00	06 Oct 2023	24 Apr 2024	201 Days
3 Beech Road, Stibb Cross, Torrington, Devon, EX38 8HZ	£350,000	£330,000	-£20,000	16 Nov 2023	19 Apr 2024	155 Days
48 Castle Hill Gardens, Torrington, Devon, EX38 8ET	£260,000	£257,000	-£3,000	15 Dec 2023	09 Apr 2024	116 Days
School Lane Cottage, School Lane, Torrington, Devon, EX38 7AJ	£325,000	£312,000	-£13,000	25 Aug 2023	18 Mar 2024	206 Days
98 Mill Street, Torrington, Devon, EX38 8AW	£199,950	£199,950	£00	06 Nov 2023	06 Mar 2024	121 Days
2 East Street, Torrington, Devon, EX38 7BL	£220,000	£220,000	£00	03 Apr 2023	12 Feb 2024	315 Days
8 Holwill Drive, Torrington, Devon, EX38 7LQ	£280,000	£280,000	£00	07 Oct 2023	26 Jan 2024	111 Days
50 Burwood Road, Torrington, Devon, EX38 7NG	£230,000	£220,000	-£10,000	20 Nov 2023	26 Jan 2024	67 Days
Hillcroft, Hele Lane, Frithelstockstone, Torrington, Devon, EX38 8JW	£265,000	£265,000	£00	01 Nov 2023	03 Jan 2024	63 Days
7 Town Meadow, Little Torrington, Torrington, Devon, EX38 8RD	£325,000	£317,000	-£8,000	12 Aug 2023	08 Dec 2023	118 Days
2 Caddywell Meadow, Torrington, Devon, EX38 7NZ	£275,000	£250,000	-£25,000	21 Aug 2023	01 Dec 2023	102 Days

Most Expensive Streets in EX38 (Torrington)

Postcode	Street	Area	Average	No. of Sales
EX38 8NU	Langtree	Torrington	£540,000	3
EX38 7HW	Pound Meadow, High Bullen	Torrington	£468,333	3
EX38 8JE	Torrington, Devon	Torrington	£438,000	5
EX38 8NL	Withacott	Torrington	£433,666	3
EX38 8BQ	Market Field, Stibb Cross	Torrington	£391,436	3
EX38 8HY	Elm Close, Stibb Cross	Torrington	£382,500	3
EX38 7JA	High Bullen	Torrington	£379,166	6
EX38 7BU	Hatchmoor Road	Torrington	£376,785	7
EX38 8JW	Hele Lane, Frithelstockstone	Torrington	£373,875	4
EX38 8JP	Frithelstockstone	Torrington	£360,000	3

Least Expensive Streets in EX38 (Torrington)

Postcode	Street	Area	Average	No. of Sales
EX38 8DS	Alice Mews	Torrington	£132,333	3
EX38 7AL	Linden Close	Torrington	£150,500	3
EX38 7BH	Calf Street	Torrington	£157,500	6
EX38 7BG	Calf Street	Torrington	£159,900	5
EX38 8DX	Glove Court	Torrington	£164,166	3
EX38 8BS	New Street	Torrington	£165,625	4
EX38 8EB	Cavalier Court, New Road	Torrington	£166,500	3
EX38 7BN	Well Street	Torrington	£167,100	5
EX38 8BE	Castle Mews	Torrington	£168,000	3
EX38 8EP	Well Street	Torrington	£171,388	9