48, RALEIGH MEAD, SOUTH MOLTON, EX36 4BT - £173,000

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.

48 RALEIGH MEAD is a very small terraced house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £243,835. It was last sold for £173,000 in September 2007, which was around 5% above the average September 2007 terraced price in the North Devon local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

48 RALEIGH MEAD Sold Prices

Land registry data shows two sales for 48 RALEIGH MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Devon local authority area for the corresponding sale date. Both of the two 48 RALEIGH MEAD sales were for above 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
2007 25 SEP	£173,000	£164,884	5% above HPI
2006 21 APR	£162,995	£147,663	10% above HPI

48 RALEIGH MEAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Devon local authority area over time, sourced from the HPI. The two 48 RALEIGH MEAD sales from April 2006 and September 2007 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 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2007 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 48 RALEIGH MEAD be worth now?

48 RALEIGH MEAD might now be worth an estimated £243,835.

This is based on house price inflation of 40.9%, between September 2007 and July 2025, for terraced 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 40.9% inflationary increase is applied to the most recent sale price for 48 RALEIGH MEAD of £173,000 on 25th September 2007. For the value to have increased from £173,000 to £243,835 over the eighteen years and two months to July 2025, the following assumptions must hold true:

• The value of 48 RALEIGH MEAD has moved in line with the HPI for terraced houses in the North Devon local authority area.
• The September 2007 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 48 RALEIGH MEAD has not materially changed since September 2007.

How Large is 48 RALEIGH MEAD?

48 RALEIGH MEAD is 67m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of terraced houses houses in South Molton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Molton, and where 48 RALEIGH MEAD lies on this distribution: 4% of terraced houses houses are smaller than 48 RALEIGH MEAD, and 95% of houses are larger. Note that EPC data is not available for all properties in South Molton.

48 RALEIGH MEAD: Plot and Title Map

48 RALEIGH MEAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 48 RALEIGH MEAD, 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 48 RALEIGH MEAD). 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 48 RALEIGH MEAD?

48 RALEIGH MEAD is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 48 on RALEIGH MEAD.