2, WIDGERY DRIVE, SOUTH MOLTON, EX36 4DP - £322,000

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 WIDGERY DRIVE is a large extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £364,692. It was last sold for £322,000 in October 2020, which was around 18% below the average October 2020 detached price in the North Devon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

2 WIDGERY DRIVE Sold Prices

Land registry data shows two sales for 2 WIDGERY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 2 WIDGERY DRIVE 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
2020 30 OCT	£322,000	£393,030	18% below HPI
2012 4 JAN	£250,000	£283,104	12% below HPI

2 WIDGERY DRIVE 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 two 2 WIDGERY DRIVE sales from January 2012 and October 2020 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 January 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 WIDGERY DRIVE be worth now?

2 WIDGERY DRIVE might now be worth an estimated £364,692.

This is based on house price inflation of 13.3%, between October 2020 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 13.3% inflationary increase is applied to the most recent sale price for 2 WIDGERY DRIVE of £322,000 on 30th October 2020. For the value to have increased from £322,000 to £364,692 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WIDGERY DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2020 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WIDGERY DRIVE has not materially changed since October 2020.

How Large is 2 WIDGERY DRIVE?

2 WIDGERY DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 40% 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 2 WIDGERY DRIVE lies on this distribution: 65% of detached houses houses are smaller than 2 WIDGERY DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in South Molton.

2 WIDGERY DRIVE: Plot and Title Map

2 WIDGERY DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 WIDGERY DRIVE, 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 WIDGERY DRIVE). 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 WIDGERY DRIVE?

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