2, TANNERY CLOSE, SOUTH MOLTON, EX36 4FB - £153,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 TANNERY CLOSE is a small semi-detached house of 85m², which could now be worth an estimated £154,046. It was last sold for £153,000 in July 2024, which was around 47% below the average July 2024 semi-detached price in the North Devon local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

2 TANNERY CLOSE Sold Prices

Land registry data shows two sales for 2 TANNERY CLOSE 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. Both of the two 2 TANNERY 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
2024 26 JUL	£153,000	£288,177	47% below HPI
2019 13 DEC	£116,960	£235,142	50% below HPI

2 TANNERY CLOSE 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 TANNERY CLOSE sales from December 2019 and July 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 December 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 TANNERY CLOSE be worth now?

2 TANNERY CLOSE might now be worth an estimated £154,046.

This is based on house price inflation of 0.7%, between July 2024 and December 2024, 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 0.7% inflationary increase is applied to the most recent sale price for 2 TANNERY CLOSE of £153,000 on 26th July 2024. For the value to have increased from £153,000 to £154,046 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 TANNERY CLOSE has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The July 2024 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TANNERY CLOSE has not materially changed since July 2024.

How Large is 2 TANNERY CLOSE?

2 TANNERY CLOSE is 85m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% 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 TANNERY CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 2 TANNERY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in South Molton.

2 TANNERY CLOSE: Plot and Title Map

2 TANNERY CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 TANNERY 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 2 TANNERY 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 2 TANNERY CLOSE?

2 TANNERY CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 2 on TANNERY CLOSE.