12, MACLINS CLOSE, SOUTH MOLTON, EX36 4DL - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MACLINS CLOSE is a large detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £302,416. It was last sold for £295,000 in July 2024, which was around 32% below the average July 2024 detached price in the North Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

12 MACLINS CLOSE Sold Prices

Land registry data shows two sales for 12 MACLINS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. One of the two 12 MACLINS CLOSE sales was for below the average price, whilst the other was 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
2024 5 JUL	£295,000	£434,223	32% below HPI
2003 30 APR	£207,500	£200,674	3% above HPI

12 MACLINS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 12 MACLINS CLOSE sales from April 2003 and July 2024 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 April 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 MACLINS CLOSE be worth now?

12 MACLINS CLOSE might now be worth an estimated £302,416.

This is based on house price inflation of 2.5%, between July 2024 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 12 MACLINS CLOSE of £295,000 on 5th July 2024. For the value to have increased from £295,000 to £302,416 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 12 MACLINS CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MACLINS CLOSE has not materially changed since July 2024.

How Large is 12 MACLINS CLOSE?

12 MACLINS CLOSE is 118m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses houses in South Molton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Molton, and where 12 MACLINS CLOSE lies on this distribution: 66% of detached houses houses are smaller than 12 MACLINS CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in South Molton.

12 MACLINS CLOSE: Plot and Title Map

12 MACLINS CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 12 MACLINS CLOSE, 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 12 MACLINS CLOSE). 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 12 MACLINS CLOSE?

12 MACLINS CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 12 on MACLINS CLOSE.