Property prices in North Devon and Torridge are beginning to recover to those recorded before the housing market crash in 2008. Average values in Torridge have risen by seven per cent, according to government figures released today (Thursday). Homes in the district were worth an average £192,720 in 2014, compared with £180,000 in 2013. The rise represents one of the largest in Devon, topped only Plymouth Moor View and South West Devon, where prices rose by nine per cent. Office for National Statistics data shows average price prices in North Devon rose by four per cent during the same period. The typical home in the constituency increased in value from £191,750 to £199,000. The statistics show that property values in North Devon and Torridge are nearing those recorded before the recession in 2008. In 2007, an average North Devon house was worth £202,000, while Torridge the equivalent value was £195,000. Prices in both constituencies had slumped to £175,000 by 2009. Looking back further, in 1995 an average North Devon home was worth £53,000, while in Torridge, it was £50,250. All of the top 20 areas for house price growth last year were in London, where prices have risen by up to 32 per cent. Walthamstow saw average prices rise from £250,000 to £330,000, but in parts of Yorkshire, they tumbled by up to 23 per cent £104,250 to £80,000 in Bradford West.Some of the largest increases in value in the South West were found in Bristol, where property values rose by up to 12 per cent. The Cotswolds saw a nine per cent increase.