124, NADDER MEADOW, SOUTH MOLTON, EX36 4BS - £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.

124 NADDER MEADOW is a very large detached house of 134m², built sometime from 2007 onwards, which could now be worth an estimated £337,550. It was last sold for £295,000 in November 2020, which was around 24% below the average November 2020 detached price in the North Devon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

124 NADDER MEADOW Sold Prices

Land registry data shows four sales for 124 NADDER MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. The four 124 NADDER MEADOW sales were a mix of below the average price, and roughly equal to 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
2020 12 NOV	£295,000	£389,027	24% below HPI
2015 20 MAY	£269,950	£308,976	13% below HPI
2011 5 JAN	£278,000	£284,787	2% below HPI
2007 28 JUN	£289,995	£290,349	Close to HPI

124 NADDER MEADOW 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 four 124 NADDER MEADOW sales between June 2007 and November 2020 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 May 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 124 NADDER MEADOW be worth now?

124 NADDER MEADOW might now be worth an estimated £337,550.

This is based on house price inflation of 14.4%, between November 2020 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 14.4% inflationary increase is applied to the most recent sale price for 124 NADDER MEADOW of £295,000 on 12th November 2020. For the value to have increased from £295,000 to £337,550 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 124 NADDER MEADOW has moved in line with the HPI for detached houses in the North Devon local authority area.
• The November 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 124 NADDER MEADOW has not materially changed since November 2020.

How Large is 124 NADDER MEADOW?

124 NADDER MEADOW is 134m² according to the EPC inspection conducted in July 2020. 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 124 NADDER MEADOW lies on this distribution: 88% of detached houses houses are smaller than 124 NADDER MEADOW, and 12% of houses are larger. Note that EPC data is not available for all properties in South Molton.

124 NADDER MEADOW: Plot and Title Map

124 NADDER MEADOW sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 124 NADDER MEADOW, 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 124 NADDER MEADOW). 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 124 NADDER MEADOW?

124 NADDER MEADOW is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 124 on NADDER MEADOW.