31, RALEIGH PARK, SOUTH MOLTON, EX36 4DR - £140,000

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.

31 RALEIGH PARK is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £192,815. It was last sold for £140,000 in March 2016, which was around 57% below the average March 2016 detached price in the North Devon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

31 RALEIGH PARK Sold Prices

Land registry data shows three sales for 31 RALEIGH 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 31 RALEIGH 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
2016 23 MAR	£140,000	£323,209	57% below HPI
2001 17 AUG	£117,500	£147,453	20% below HPI
1998 12 JUN	£87,500	£96,697	10% below HPI

31 RALEIGH 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 31 RALEIGH PARK sales between June 1998 and March 2016 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 August 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2016 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 31 RALEIGH PARK be worth now?

31 RALEIGH PARK might now be worth an estimated £192,815.

This is based on house price inflation of 37.7%, between March 2016 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 37.7% inflationary increase is applied to the most recent sale price for 31 RALEIGH PARK of £140,000 on 23rd March 2016. For the value to have increased from £140,000 to £192,815 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 31 RALEIGH PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2016 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RALEIGH PARK has not materially changed since March 2016.

How Large is 31 RALEIGH PARK?

31 RALEIGH PARK is 77m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 31 RALEIGH PARK lies on this distribution: 15% of detached houses houses are smaller than 31 RALEIGH PARK, and 83% of houses are larger. Note that EPC data is not available for all properties in South Molton.

31 RALEIGH PARK: Plot and Title Map

31 RALEIGH PARK sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 31 RALEIGH 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 31 RALEIGH 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 31 RALEIGH PARK?

31 RALEIGH PARK is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 31 on RALEIGH PARK.