12, TOWER PARK, SOUTH MOLTON, EX36 4EP - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 TOWER PARK is a large detached house of 122m², built sometime between 1976 and 1982. It was last sold for £385,000 in October 2018, which was around 11% above the average October 2018 detached price in the North Devon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

12 TOWER PARK Sold Prices

Land registry data shows three sales for 12 TOWER PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 12 TOWER PARK sales were 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
2018 17 OCT	£385,000	£345,718	11% above HPI
2012 20 FEB	£345,000	£269,329	28% above HPI
2001 15 JUN	£186,000	£140,793	32% above HPI

12 TOWER PARK 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 three 12 TOWER PARK sales between June 2001 and October 2018 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 February 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 12 TOWER PARK?

12 TOWER PARK is 122m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in South Molton, based on EPC data. The below chart shows the distribution of detached houses by size in South Molton, and where 12 TOWER PARK lies on this distribution: 73% of detached houses are smaller than 12 TOWER PARK, and 27% of houses are larger. Note that EPC data is not available for all properties in South Molton.

12 TOWER PARK: Plot and Title Map

12 TOWER PARK sits on a plot of roughly 0.272 of an acre, or 1,101m². The below map shows the location of 12 TOWER PARK, 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 TOWER PARK). 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 TOWER PARK?

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