2, ORMONDE COURT, POLTIMORE CLOSE, SOUTH MOLTON, EX36 4DE - £170,000

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.

2 ORMONDE COURT is a very small semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £285,522. It was last sold for £170,000 in July 2006, which was around 5% below the average July 2006 semi-detached price in the North Devon local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

2 ORMONDE COURT Sold Prices

Land registry data shows two sales for 2 ORMONDE COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. One of the two 2 ORMONDE COURT sales was for below the average price, whilst the other 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
2006 24 JUL	£170,000	£178,161	5% below HPI
2001 5 DEC	£164,000	£93,220	76% above HPI

2 ORMONDE COURT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The two 2 ORMONDE COURT sales from December 2001 and July 2006 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 December 2001 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2006 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 ORMONDE COURT be worth now?

2 ORMONDE COURT might now be worth an estimated £285,522.

This is based on house price inflation of 68%, between July 2006 and February 2025, for semi-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 68% inflationary increase is applied to the most recent sale price for 2 ORMONDE COURT of £170,000 on 24th July 2006. For the value to have increased from £170,000 to £285,522 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 2 ORMONDE COURT has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The July 2006 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORMONDE COURT has not materially changed since July 2006.

How Large is 2 ORMONDE COURT?

2 ORMONDE COURT is 76m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of semi-detached houses houses in South Molton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Molton, and where 2 ORMONDE COURT lies on this distribution: 15% of semi-detached houses houses are smaller than 2 ORMONDE COURT, and 85% of houses are larger. Note that EPC data is not available for all properties in South Molton.

2 ORMONDE COURT: Plot and Title Map

2 ORMONDE COURT sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 2 ORMONDE COURT, 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 2 ORMONDE COURT). 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 2 ORMONDE COURT?

2 ORMONDE COURT is located on POLTIMORE CLOSE in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of 2 ORMONDE COURT on POLTIMORE CLOSE.