16, RALEIGH PARK, SOUTH MOLTON, EX36 4DN - £299,950

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.

16 RALEIGH PARK is a midsized detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £364,354. It was last sold for £299,950 in September 2019, which was around 18% below the average September 2019 detached price in the North Devon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

16 RALEIGH PARK Sold Prices

Land registry data shows three sales for 16 RALEIGH 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. One of the three 16 RALEIGH PARK sales was for below the average price, whilst two 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
2019 6 SEP	£299,950	£365,839	18% below HPI
2002 22 MAR	£160,000	£158,505	1% above HPI
1999 4 JUN	£105,000	£103,562	1% above HPI

16 RALEIGH 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 16 RALEIGH PARK sales between June 1999 and September 2019 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 March 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 RALEIGH PARK be worth now?

16 RALEIGH PARK might now be worth an estimated £364,354.

This is based on house price inflation of 21.5%, between September 2019 and March 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 21.5% inflationary increase is applied to the most recent sale price for 16 RALEIGH PARK of £299,950 on 6th September 2019. For the value to have increased from £299,950 to £364,354 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 16 RALEIGH PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2019 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 16 RALEIGH PARK has not materially changed since September 2019.

How Large is 16 RALEIGH PARK?

16 RALEIGH PARK is 110m² according to the EPC inspection conducted in June 2019. This puts it in the largest 50% 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 16 RALEIGH PARK lies on this distribution: 54% of detached houses houses are smaller than 16 RALEIGH PARK, and 45% of houses are larger. Note that EPC data is not available for all properties in South Molton.

16 RALEIGH PARK: Plot and Title Map

16 RALEIGH PARK sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 16 RALEIGH 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 16 RALEIGH 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 16 RALEIGH PARK?

16 RALEIGH PARK is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 16 on RALEIGH PARK.