28, STOATS CLOSE, SOUTH MOLTON, EX36 4JU - £240,000

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 STOATS CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £240,000 in August 2021, which was around 36% below the average August 2021 detached price in the North Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

28 STOATS CLOSE Sold Prices

Land registry data shows four sales for 28 STOATS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 28 STOATS 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
2021 5 AUG	£240,000	£376,726	36% below HPI
2020 17 JAN	£218,000	£350,867	38% below HPI
2018 12 APR	£205,000	£315,158	35% below HPI
2017 23 AUG	£182,000	£333,192	45% below HPI

28 STOATS 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 four 28 STOATS CLOSE sales between August 2017 and August 2021 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 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 28 STOATS CLOSE?

28 STOATS CLOSE is 58m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 STOATS CLOSE lies on this distribution: 1% of detached houses are smaller than 28 STOATS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in South Molton.

28 STOATS CLOSE: Plot and Title Map

28 STOATS CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 28 STOATS 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 STOATS 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 STOATS CLOSE?

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