Sold STC Flat

114A

NEW STREET, TORRINGTON, DEVON EX38 8BT

1 beds 1 baths 39 m² Listed 22 Jun 2021 (-1807d)

£80,000

Offers in Excess of

Reduced on 1 Oct 2021

Save

# 1 bedroom apartment for sale (EX38 8BT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 114A, NEW STREET, TORRINGTON, DEVON EX38 8BT |
| Price | £80,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £80,000 Jan 2022 |

## Description

Upon entering, an open plan kitchen/living space is found with a range of wall floor and drawer units with single drainer sink unit and space for a slot in electric cooker. A glazed door leads to an inner hall off which the 14ft bedroom is found as well as a stylish wet room with white suite.

Agent note: New lease of 999 years will be granted with a peppercorn rent.

From Torrington town square take the South Street exit until reaching the junction of New Street and Whites Lane.  Turn left into New Street and number 114a will be found on the right hand side prior to the entrance of Stonemans Lane with a Webbers For Sale board clearly displayed.

## Property Photos

- ![Picture No. 11](/listings/photos/109250261/203364) - Picture No. 11
- ![Picture No. 12](/listings/photos/109250261/203366) - Picture No. 12
- ![Picture No. 13](/listings/photos/109250261/203368) - Picture No. 13
- ![Picture No. 14](/listings/photos/109250261/203371) - Picture No. 14
- ![Picture No. 15](/listings/photos/109250261/203374) - Picture No. 15

## Floorplans

- ![Floorplan](/listings/photos/109250261/203377) - Floorplan

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 114A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £80,000 | 13/01/2022 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 87A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £150,000 | 09/09/2024 | Terraced |
| [Same street] 79 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £170,000 | 07/09/2023 | Terraced |
| [Same street] 63 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £200,000 | 25/05/2023 | Detached |
| 1 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL | £162,500 | 06/03/2023 | Flat |
| [Same street] 87 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £85,000 | 31/03/2022 | Terraced |
| [Same street] 85A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £267,500 | 11/02/2022 | Other |
| 3 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL | £143,000 | 06/12/2021 | Flat |
| 2 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL | £146,000 | 29/09/2021 | Flat |
| PENHALLAM 4 WARREN LANE, TORRINGTON, TORRIDGE, DEVON, EX38 8AG | £220,000 | 16/09/2021 | Flat |
| [Same street] 91 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £117,500 | 12/08/2021 | Terraced |

**Street average:** £165,000 (6 sales)
**Area average:** £167,875 (4 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £180,000 (2 Flat, EX38, 2024–2026)
- **Deviation:** -55.6%

## Rental Range

*ONS Price Index of Private Rents (Torridge). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £708/mo
- **Realistic:** £787/mo
- **Optimistic:** £866/mo

## 1% Rule

- **Rent ratio:** 0.98% (okay)
- **Max investor price (0.8%):** £98,375
- **Target investor price (1%):** £78,700

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** 41.2%

## House Price Index (HM Land Registry)

*Official index for Torridge; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.1%
- **5y growth (index):** 4.4%
- **10y growth (index):** 18.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 11 Picture No. 12 Picture No. 13 Picture No. 14 Picture No. 15

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Property details

Floor area

39 m²

Last sold

£80,000 Jan 2022

Local average

£180,000 (-55.6%)

Deprivation

Decile 5 (14,161 of 33,755)

Street crime

27 incidents within 1 mile (Mar 2026)

Description

Positioned just a short walk from Great Torrington centre, New Street provides easy access to everything the town has to offer. From the pubs and Supermarket to the bus stop just down the road, this ground floor apartment ticks all the boxes for someone looking for low maintenance, easy living with plenty of amenities available. Ideal as a first purchase or investment opportunity.

Upon entering, an open plan kitchen/living space is found with a range of wall floor and drawer units with single drainer sink unit and space for a slot in electric cooker. A glazed door leads to an inner hall off which the 14ft bedroom is found as well as a stylish wet room with white suite.

Agent note: New lease of 999 years will be granted with a peppercorn rent.
From Torrington town square take the South Street exit until reaching the junction of New Street and Whites Lane. Turn left into New Street and number 114a will be found on the right hand side prior to the entrance of Stonemans Lane with a Webbers For Sale board clearly displayed.

Listed by

Torrington

Webbers Property Services

Reference: 109250261

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Price history

Event	Date	Price	% change
Sold	13/01/2022 (4 years ago)	£80,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 87A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT	£150,000	09/09/2024	Terraced
Same street 79 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT	£170,000	07/09/2023	Terraced
Same street 63 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT	£200,000	25/05/2023	Detached
1 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL	£162,500	06/03/2023	Flat
Same street 87 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT	£85,000	31/03/2022	Terraced
Same street 85A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT	£267,500	11/02/2022	Other
3 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL	£143,000	06/12/2021	Flat
2 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL	£146,000	29/09/2021	Flat
PENHALLAM 4 WARREN LANE, TORRINGTON, TORRIDGE, DEVON, EX38 8AG	£220,000	16/09/2021	Flat
Same street 91 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT	£117,500	12/08/2021	Terraced

Street average: £165,000 (6 sales)

Area average: £167,875 (4 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

10y growth 41.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Torridge. Series: Flats and maisonettes. As of March 2026.

1y (index) -5.1%

5y (index) 4.4%

10y (index) 18.7%

Rental Range

Estimated market rent for Torridge. Low = conservative, Realistic = average, Optimistic = best case.

Low £708/mo

Realistic £787/mo

Optimistic £866/mo

Based on Local Authority from postcode lookup → Torridge.

Location

Map view View on Google Maps View on OpenStreetMap Street View EX38 8BT

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Unknown	0.1 miles
Shop	Lidl	0.2 miles
Bus stop	School Lane	0.2 miles
Shop	Duffy's Home Hardware	0.2 miles
Hospital	Torrington Community Hospital	0.5 miles
Hospital	Bideford Hospital	5.3 miles
Train station	Chapelton	6.9 miles
Train station	Umberleigh	7.8 miles

Street-level crime

Category	Count
Violence and sexual offences	16
Shoplifting	7
Public order	2
Drugs	1
Other theft	1
Total incidents	27

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Great Torrington Bluecoat Church of England Primary School	Primary	0.5 miles	— (Inspected (no overall grade))
Great Torrington School	Secondary	0.6 miles	Good — 22 Jun 2012
Monkleigh Primary School	Primary	2.4 miles	Good — 3 Jan 2012
Langtree Community School and Nursery Unit	Primary	3.4 miles	Good — 5 Oct 2012
Marland School	Other	3.6 miles	Good — 18 May 2023

Rental Comparables

Rental listings exist nearby, but none matched the 1-bedroom estimate from EPC for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.98%

Max investor price (0.8%) £98,375

Target investor price (1%) £78,700

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).