12, TANNERY CLOSE, SOUTH MOLTON, EX36 4FB - £352,000

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 TANNERY CLOSE is a large detached house of 123m², which could now be worth an estimated £365,091. It was last sold for £352,000 in August 2024, which was around 18% below the average August 2024 detached price in the North Devon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

12 TANNERY CLOSE Sold Prices

Land registry data shows two sales for 12 TANNERY 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. Both of the two 12 TANNERY CLOSE sales were for below 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 8 AUG	£352,000	£429,178	18% below HPI
2017 7 DEC	£275,000	£333,016	17% below HPI

12 TANNERY 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 TANNERY CLOSE sales from December 2017 and August 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 December 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 TANNERY CLOSE be worth now?

12 TANNERY CLOSE might now be worth an estimated £365,091.

This is based on house price inflation of 3.7%, between August 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 3.7% inflationary increase is applied to the most recent sale price for 12 TANNERY CLOSE of £352,000 on 8th August 2024. For the value to have increased from £352,000 to £365,091 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 12 TANNERY CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2024 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TANNERY CLOSE has not materially changed since August 2024.

How Large is 12 TANNERY CLOSE?

12 TANNERY CLOSE is 123m² according to the EPC inspection conducted in November 2017. This puts it in the largest 20% 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 TANNERY CLOSE lies on this distribution: 80% of detached houses houses are smaller than 12 TANNERY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in South Molton.

12 TANNERY CLOSE: Plot and Title Map

12 TANNERY CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 12 TANNERY 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 TANNERY 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 TANNERY CLOSE?

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