28, HOWARDS CLOSE, SOUTH MOLTON, EX36 4JT - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 HOWARDS CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £245,000 in December 2007, which was around 17% below the average December 2007 detached price in the North Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

28 HOWARDS CLOSE Sold Prices

Land registry data shows two sales for 28 HOWARDS CLOSE 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 28 HOWARDS 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
2007 20 DEC	£245,000	£293,602	17% below HPI
2004 15 OCT	£215,000	£256,511	16% below HPI

28 HOWARDS CLOSE 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 28 HOWARDS CLOSE sales from October 2004 and December 2007 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 October 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2007 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 28 HOWARDS CLOSE?

28 HOWARDS CLOSE is 74m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in South Molton, based on EPC data. The below chart shows the distribution of detached houses by size in South Molton, and where 28 HOWARDS CLOSE lies on this distribution: 13% of detached houses are smaller than 28 HOWARDS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in South Molton.

28 HOWARDS CLOSE: Plot and Title Map

28 HOWARDS CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 28 HOWARDS 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 28 HOWARDS 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 28 HOWARDS CLOSE?

28 HOWARDS CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 28 on HOWARDS CLOSE.