5, NORTH STREET, SOUTH MOLTON, EX36 3AN - £425,000

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.

5 NORTH STREET is a very large detached house of 145m², built sometime between 1900 and 1929, which could now be worth an estimated £490,502. It was last sold for £425,000 in August 2021, which was around 10% above the average August 2021 detached price in the North Devon local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

5 NORTH STREET Sold Prices

Land registry data shows two sales for 5 NORTH STREET 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 5 NORTH STREET 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
2021 13 AUG	£425,000	£385,695	10% above HPI
2002 8 FEB	£167,500	£152,499	10% above HPI

5 NORTH STREET 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 5 NORTH STREET sales from February 2002 and August 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 February 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2021 sale, which was also at 10% above the HPI.

What might 5 NORTH STREET be worth now?

5 NORTH STREET might now be worth an estimated £490,502.

This is based on house price inflation of 15.4%, between August 2021 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 15.4% inflationary increase is applied to the most recent sale price for 5 NORTH STREET of £425,000 on 13th August 2021. For the value to have increased from £425,000 to £490,502 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 5 NORTH STREET has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NORTH STREET has not materially changed since August 2021.

How Large is 5 NORTH STREET?

5 NORTH STREET is 145m² according to the EPC inspection conducted in August 2019. This puts it in the largest 10% 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 5 NORTH STREET lies on this distribution: 90% of detached houses houses are smaller than 5 NORTH STREET, and 10% of houses are larger. Note that EPC data is not available for all properties in South Molton.

5 NORTH STREET: Plot and Title Map

5 NORTH STREET sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 5 NORTH STREET, 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 5 NORTH STREET). 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 5 NORTH STREET?

5 NORTH STREET is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 5 on NORTH STREET.