5, SYCAMORE DRIVE, SOUTH MOLTON, EX36 3FB - £348,750

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

5 SYCAMORE DRIVE is a midsized detached house of 112m², which could now be worth an estimated £361,673. It was last sold for £348,750 in November 2021, which was around 16% below the average November 2021 detached price in the North Devon local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

5 SYCAMORE DRIVE Sold Prices

Land registry data shows two sales for 5 SYCAMORE DRIVE 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 SYCAMORE DRIVE 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 NOV	£348,750	£415,396	16% below HPI
2018 12 OCT	£285,950	£353,949	19% below HPI

5 SYCAMORE DRIVE 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 SYCAMORE DRIVE sales from October 2018 and November 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 October 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 SYCAMORE DRIVE be worth now?

5 SYCAMORE DRIVE might now be worth an estimated £361,673.

This is based on house price inflation of 3.7%, between November 2021 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 3.7% inflationary increase is applied to the most recent sale price for 5 SYCAMORE DRIVE of £348,750 on 2nd November 2021. For the value to have increased from £348,750 to £361,673 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 SYCAMORE DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The November 2021 sale price of £348,750 represented a fair market value for the property.
• The size, condition, and specification of 5 SYCAMORE DRIVE has not materially changed since November 2021.

How Large is 5 SYCAMORE DRIVE?

5 SYCAMORE DRIVE is 112m² according to the EPC inspection conducted in August 2018. This puts it in the largest 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 5 SYCAMORE DRIVE lies on this distribution: 56% of detached houses houses are smaller than 5 SYCAMORE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in South Molton.

5 SYCAMORE DRIVE: Plot and Title Map

5 SYCAMORE DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 5 SYCAMORE DRIVE, 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 SYCAMORE DRIVE). 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 SYCAMORE DRIVE?

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