13, GRANITE CLOSE, SOUTH MOLTON, EX36 3FD - £232,200

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.

13 GRANITE CLOSE is a very small detached house of 70m², which could now be worth an estimated £238,873. It was last sold for £232,200 in June 2022, which was around 46% below the average June 2022 detached price in the North Devon local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was C.

13 GRANITE CLOSE Sold Prices

Land registry data shows two sales for 13 GRANITE 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 13 GRANITE 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
2022 30 JUN	£232,200	£432,703	46% below HPI
2021 8 JAN	£178,500	£379,574	53% below HPI

13 GRANITE 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 13 GRANITE CLOSE sales from January 2021 and June 2022 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 January 2021 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 13 GRANITE CLOSE be worth now?

13 GRANITE CLOSE might now be worth an estimated £238,873.

This is based on house price inflation of 2.9%, between June 2022 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 2.9% inflationary increase is applied to the most recent sale price for 13 GRANITE CLOSE of £232,200 on 30th June 2022. For the value to have increased from £232,200 to £238,873 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 13 GRANITE CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2022 sale price of £232,200 represented a fair market value for the property.
• The size, condition, and specification of 13 GRANITE CLOSE has not materially changed since June 2022.

How Large is 13 GRANITE CLOSE?

13 GRANITE CLOSE is 70m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% 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 13 GRANITE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 13 GRANITE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in South Molton.

13 GRANITE CLOSE: Plot and Title Map

13 GRANITE CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 13 GRANITE 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 13 GRANITE 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 13 GRANITE CLOSE?

13 GRANITE CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 13 on GRANITE CLOSE.