35, THE GAVEL, SOUTH MOLTON, EX36 4BP - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

35 THE GAVEL is a small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £251,100. It was last sold for £210,000 in December 2019, which was around 42% below the average December 2019 detached price in the North Devon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

35 THE GAVEL Sold Prices

Land registry data shows four sales for 35 THE GAVEL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 35 THE GAVEL 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
2019 11 DEC	£210,000	£360,277	42% below HPI
2018 20 FEB	£206,000	£330,167	38% below HPI
2003 22 AUG	£145,950	£220,269	34% below HPI
2002 22 FEB	£104,480	£152,499	31% below HPI

35 THE GAVEL 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 four 35 THE GAVEL sales between February 2002 and December 2019 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 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 35 THE GAVEL be worth now?

35 THE GAVEL might now be worth an estimated £251,100.

This is based on house price inflation of 19.6%, between December 2019 and December 2024, 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 19.6% inflationary increase is applied to the most recent sale price for 35 THE GAVEL of £210,000 on 11th December 2019. For the value to have increased from £210,000 to £251,100 over the five years to December 2024, the following assumptions must hold true:

• The value of 35 THE GAVEL has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 35 THE GAVEL has not materially changed since December 2019.

How Large is 35 THE GAVEL?

35 THE GAVEL is 91m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% 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 35 THE GAVEL lies on this distribution: 31% of detached houses houses are smaller than 35 THE GAVEL, and 69% of houses are larger. Note that EPC data is not available for all properties in South Molton.

35 THE GAVEL: Plot and Title Map

35 THE GAVEL sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 35 THE GAVEL, 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 35 THE GAVEL). 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 35 THE GAVEL?

35 THE GAVEL is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 35 on THE GAVEL.