3, EXETER GATE, SOUTH MOLTON, EX36 4AN - £425,000

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.

3 EXETER GATE is a very large detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £434,744. It was last sold for £425,000 in June 2024, which was around 2% below the average June 2024 detached price in the North Devon local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

3 EXETER GATE Sold Prices

Land registry data shows three sales for 3 EXETER GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 3 EXETER GATE 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 28 JUN	£425,000	£435,162	2% below HPI
2018 23 NOV	£210,000	£358,570	41% below HPI
2006 23 JUN	£220,000	£266,834	18% below HPI

3 EXETER GATE 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 three 3 EXETER GATE sales between June 2006 and June 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 November 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 EXETER GATE be worth now?

3 EXETER GATE might now be worth an estimated £434,744.

This is based on house price inflation of 2.3%, between June 2024 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 2.3% inflationary increase is applied to the most recent sale price for 3 EXETER GATE of £425,000 on 28th June 2024. For the value to have increased from £425,000 to £434,744 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 3 EXETER GATE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EXETER GATE has not materially changed since June 2024.

How Large is 3 EXETER GATE?

3 EXETER GATE is 139m² according to the EPC inspection conducted in February 2024. This puts it in the largest 20% 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 3 EXETER GATE lies on this distribution: 89% of detached houses houses are smaller than 3 EXETER GATE, and 11% of houses are larger. Note that EPC data is not available for all properties in South Molton.

3 EXETER GATE: Plot and Title Map

3 EXETER GATE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 3 EXETER GATE, 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 3 EXETER GATE). 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 3 EXETER GATE?

3 EXETER GATE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 3 on EXETER GATE.