3, MEADOW PARK, SOUTH MOLTON, EX36 4ES - £285,000

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

3 MEADOW PARK is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £285,000 in July 2023, which was around 36% below the average July 2023 detached price in the North Devon local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

3 MEADOW PARK Sold Prices

Land registry data shows three sales for 3 MEADOW PARK 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 MEADOW PARK 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
2023 5 JUL	£285,000	£444,570	36% below HPI
2019 27 JUN	£255,000	£348,412	27% below HPI
2011 19 DEC	£170,000	£282,134	40% below HPI

3 MEADOW PARK 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 MEADOW PARK sales between December 2011 and July 2023 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 June 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 MEADOW PARK?

3 MEADOW PARK is 71m² according to the EPC inspection conducted in December 2021. 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 3 MEADOW PARK lies on this distribution: 8% of detached houses are smaller than 3 MEADOW PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in South Molton.

3 MEADOW PARK: Plot and Title Map

3 MEADOW PARK sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 3 MEADOW PARK, 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 MEADOW PARK). 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 MEADOW PARK?

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