15, PARKLANDS, SOUTH MOLTON, EX36 4EW - £267,000

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

15 PARKLANDS is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £267,000 in November 2017, which was around 19% below the average November 2017 detached price in the North Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

15 PARKLANDS Sold Prices

Land registry data shows three sales for 15 PARKLANDS 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. Two of the three 15 PARKLANDS sales were for below the average price, whilst one 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
2017 27 NOV	£267,000	£330,294	19% below HPI
2015 20 OCT	£270,000	£309,530	13% below HPI
1998 17 DEC	£108,000	£99,469	9% above HPI

15 PARKLANDS 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 15 PARKLANDS sales between December 1998 and November 2017 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 October 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 PARKLANDS?

15 PARKLANDS is 93m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% 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 15 PARKLANDS lies on this distribution: 34% of detached houses are smaller than 15 PARKLANDS, and 66% of houses are larger. Note that EPC data is not available for all properties in South Molton.

15 PARKLANDS: Plot and Title Map

15 PARKLANDS sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 15 PARKLANDS, 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 15 PARKLANDS). 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 15 PARKLANDS?

15 PARKLANDS is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 15 on PARKLANDS.