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House Prices in EX38 House Prices in EX38 (Torrington)

The average house price in EX38 (Torrington) is £253,710 using HM Land Registry data.

The average property price increased by £55,880 (42.1%) over the last 5 years and increased by £11,194 (5.73%) over the last 12 months.

Over the last year, there were 89 residential property sales – a decrease of 18 transactions (-20.22%) relative to the previous year. The majority of house sales (25) were in the £160,000 - £228,000 range. Then came properties in the £228,000 - £296,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,042 (-3%).

In January 2025, there were 19 new estate agency instructions, 11 agreed home sales and 20 property price reductions.

Nearby Postcodes: EX17, EX18, EX19, EX20, EX21, EX22, EX23, EX31, EX32, EX33, EX34, EX35, EX36, EX37, EX39, EX6, PL15, PL16, PL19, TA24, TQ13

5-Year Average Property Prices in EX38 (Torrington)

42.1%

Property prices in EX38 (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 EX38 (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.

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).

Property Market Heat Gauge for EX38 (Torrington) - January 2025

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
59 Kingsmead Drive, Torrington, Devon, EX38 7DB£230,000£230,000£027 Sep 202413 Dec 202477 Days
Steepleview, Goose Green, Torrington, Devon, EX38 7BP£375,000£375,000£014 May 202404 Dec 2024204 Days
30 St Marys Close, Torrington, Devon, EX38 8AS£300,000£295,000-£5,00019 Jun 202403 Dec 2024167 Days
35 Rosemoor Road, Torrington, Devon, EX38 7NB£350,000£325,000-£25,00030 Sep 202418 Nov 202449 Days
18 Kingsmead Drive, Torrington, Devon, EX38 7DD£425,000£422,000-£3,00001 Aug 202408 Nov 202499 Days
1 Yarde Cottages, Peters Marland, Torrington, Devon, EX38 8QA£325,000£300,000-£25,00009 Mar 202425 Oct 2024230 Days
6 Prideaux Meadow, Torrington, Devon, EX38 7NH£290,000£275,000-£15,00028 Sep 202306 Sep 2024344 Days
165 New Street, Torrington, Devon, EX38 8BX£210,000£195,000-£15,00018 Dec 202312 Jul 2024207 Days
7 Rosemoor Road, Torrington, Devon, EX38 7NB£280,000£280,000£009 Feb 202409 Jul 2024151 Days
56 Kingsmead Drive, Torrington, Devon, EX38 7DD£425,000£415,000-£10,00022 Jan 202408 Jul 2024168 Days
23 Caddywell Meadow, Torrington, Devon, EX38 7NZ£168,000£165,000-£3,00017 Jan 202405 Jul 2024170 Days
6 Fairfax Way, Torrington, Devon, EX38 7DA£325,000£325,000£021 Nov 202314 Jun 2024206 Days
Oakleigh, Villa Road, Torrington, Devon, EX38 8DZ£610,000£555,000-£55,00018 Aug 202306 Jun 2024293 Days
18 Rack Park Close, Torrington, Devon, EX38 8AH£280,000£280,000£006 Oct 202324 Apr 2024201 Days
3 Beech Road, Stibb Cross, Torrington, Devon, EX38 8HZ£350,000£330,000-£20,00016 Nov 202319 Apr 2024155 Days
48 Castle Hill Gardens, Torrington, Devon, EX38 8ET£260,000£257,000-£3,00015 Dec 202309 Apr 2024116 Days
School Lane Cottage, School Lane, Torrington, Devon, EX38 7AJ£325,000£312,000-£13,00025 Aug 202318 Mar 2024206 Days
98 Mill Street, Torrington, Devon, EX38 8AW£199,950£199,950£006 Nov 202306 Mar 2024121 Days
2 East Street, Torrington, Devon, EX38 7BL£220,000£220,000£003 Apr 202312 Feb 2024315 Days
8 Holwill Drive, Torrington, Devon, EX38 7LQ£280,000£280,000£007 Oct 202326 Jan 2024111 Days

Most Expensive Streets in EX38 (Torrington)

PostcodeStreetAreaAverageNo. of Sales
EX38 8NULangtreeTorrington£540,0003
EX38 7HWPound Meadow, High BullenTorrington£468,3333
EX38 8NLWithacottTorrington£410,2504
EX38 8JETorrington, DevonTorrington£409,1666
EX38 8BQMarket Field, Stibb CrossTorrington£391,4363
EX38 8HYElm Close, Stibb CrossTorrington£382,5003
EX38 7JAHigh BullenTorrington£379,1666
EX38 7BUHatchmoor RoadTorrington£376,7857
EX38 8JWHele Lane, FrithelstockstoneTorrington£373,8754
EX38 8JPFrithelstockstoneTorrington£360,0003

Least Expensive Streets in EX38 (Torrington)

PostcodeStreetAreaAverageNo. of Sales
EX38 8DSAlice MewsTorrington£132,3333
EX38 7ALLinden CloseTorrington£150,5003
EX38 7BHCalf StreetTorrington£157,5006
EX38 7BGCalf StreetTorrington£159,9005
EX38 8DXGlove CourtTorrington£164,1663
EX38 8BECastle MewsTorrington£168,0003
EX38 8EPWell StreetTorrington£171,3889
EX38 8BTNew StreetTorrington£171,7779
EX38 8HNTavern MewsTorrington£172,3124
EX38 8AEAdmiral CourtTorrington£175,0003

Explore EX38 (Torrington) using map

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