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

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

31 RALEIGH PARK is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £140,000 in March 2016, which was around 56% 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	£315,693	56% below HPI
2001 17 AUG	£117,500	£144,024	18% below HPI
1998 12 JUN	£87,500	£94,448	7% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

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 in South Molton, based on EPC data. The below chart shows the distribution of detached houses by size in South Molton, and where 31 RALEIGH PARK lies on this distribution: 16% of detached 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.