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 MOORLAND RISE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £280,000 in November 2017, which was around 15% below the average November 2017 detached price in the North Devon local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 MOORLAND RISE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the five 3 MOORLAND RISE 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 |
---|---|---|---|
2017 20 NOV | £280,000 | £330,294 | 15% below HPI |
2014 10 FEB | £245,000 | £282,182 | 13% below HPI |
2012 20 APR | £245,000 | £274,496 | 11% below HPI |
2007 23 JUL | £230,000 | £290,026 | 21% below HPI |
2002 11 NOV | £145,000 | £194,133 | 25% below HPI |
The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The five 3 MOORLAND RISE sales between November 2002 and November 2017 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 February 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
3 MOORLAND RISE is 69m² according to the EPC inspection conducted in July 2022. 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 MOORLAND RISE lies on this distribution: 6% of detached houses are smaller than 3 MOORLAND RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in South Molton.
3 MOORLAND RISE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 MOORLAND RISE, 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 MOORLAND RISE). 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.
3 MOORLAND RISE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 3 on MOORLAND RISE.