18, RALEIGH PARK, SOUTH MOLTON, EX36 4DN - £390,000

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.

18 RALEIGH PARK is a very large detached house of 160m², built sometime between 1983 and 1990, which could now be worth an estimated £412,407. It was last sold for £390,000 in January 2024, which was around 7% below the average January 2024 detached price in the North Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

18 RALEIGH PARK Sold Prices

Land registry data shows three sales for 18 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. Two of the three 18 RALEIGH PARK 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
2024 5 JAN	£390,000	£420,954	7% below HPI
2014 4 NOV	£280,000	£310,417	10% below HPI
1995 8 SEP	£96,500	£79,196	22% above HPI

18 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 18 RALEIGH PARK sales between September 1995 and January 2024 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 November 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 18 RALEIGH PARK be worth now?

18 RALEIGH PARK might now be worth an estimated £412,407.

This is based on house price inflation of 5.7%, between January 2024 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 5.7% inflationary increase is applied to the most recent sale price for 18 RALEIGH PARK of £390,000 on 5th January 2024. For the value to have increased from £390,000 to £412,407 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 18 RALEIGH PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RALEIGH PARK has not materially changed since January 2024.

How Large is 18 RALEIGH PARK?

18 RALEIGH PARK is 160m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 18 RALEIGH PARK lies on this distribution: 93% of detached houses houses are smaller than 18 RALEIGH PARK, and 7% of houses are larger. Note that EPC data is not available for all properties in South Molton.

18 RALEIGH PARK: Plot and Title Map

18 RALEIGH PARK sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 18 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 18 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 18 RALEIGH PARK?

18 RALEIGH PARK is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 18 on RALEIGH PARK.