38, BROOK MEADOW, SOUTH MOLTON, EX36 4BN - £335,000

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

38 BROOK MEADOW is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £335,000 in December 2021, which was around 19% below the average December 2021 detached price in the North Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

38 BROOK MEADOW Sold Prices

Land registry data shows two sales for 38 BROOK MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 38 BROOK MEADOW 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
2021 2 DEC	£335,000	£414,104	19% below HPI
2016 29 APR	£220,000	£305,676	28% below HPI

38 BROOK MEADOW 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 two 38 BROOK MEADOW sales from April 2016 and December 2021 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 April 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 BROOK MEADOW?

38 BROOK MEADOW is 74m² according to the EPC inspection conducted in March 2016. 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 38 BROOK MEADOW lies on this distribution: 13% of detached houses are smaller than 38 BROOK MEADOW, and 86% of houses are larger. Note that EPC data is not available for all properties in South Molton.

38 BROOK MEADOW: Plot and Title Map

38 BROOK MEADOW sits on a plot of roughly 0.052 of an acre, or 208m². The below map shows the location of 38 BROOK MEADOW, 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 38 BROOK MEADOW). 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 38 BROOK MEADOW?

38 BROOK MEADOW is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 38 on BROOK MEADOW.