62, ASH DRIVE, SOUTH MOLTON, EX36 3FA - £325,000

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.

62 ASH DRIVE is a midsized detached house of 112m², which could now be worth an estimated £371,651. It was last sold for £325,000 in September 2021, which was around 17% below the average September 2021 detached price in the North Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

62 ASH DRIVE Sold Prices

Land registry data shows two sales for 62 ASH 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 62 ASH 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 27 SEP	£325,000	£389,263	17% below HPI
2015 31 JUL	£240,000	£318,305	25% below HPI

62 ASH 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 62 ASH DRIVE sales from July 2015 and September 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 July 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 62 ASH DRIVE be worth now?

62 ASH DRIVE might now be worth an estimated £371,651.

This is based on house price inflation of 14.4%, between September 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 14.4% inflationary increase is applied to the most recent sale price for 62 ASH DRIVE of £325,000 on 27th September 2021. For the value to have increased from £325,000 to £371,651 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 62 ASH DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 62 ASH DRIVE has not materially changed since September 2021.

How Large is 62 ASH DRIVE?

62 ASH DRIVE is 112m² according to the EPC inspection conducted in July 2015. 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 62 ASH DRIVE lies on this distribution: 56% of detached houses houses are smaller than 62 ASH DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in South Molton.

62 ASH DRIVE: Plot and Title Map

62 ASH DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 62 ASH 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 62 ASH 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 62 ASH DRIVE?

62 ASH DRIVE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 62 on ASH DRIVE.