7, MEADOW PARK, SOUTH MOLTON, EX36 4ES - £450,000

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

7 MEADOW PARK is a very large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £460,798. It was last sold for £450,000 in January 2024, which was around 7% above the average January 2024 detached price in the North Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

7 MEADOW PARK Sold Prices

Land registry data shows three sales for 7 MEADOW PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 7 MEADOW PARK 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
2024 5 JAN	£450,000	£420,694	7% above HPI
2004 4 NOV	£319,000	£257,833	24% above HPI
2000 15 DEC	£190,000	£129,743	46% above HPI

7 MEADOW PARK 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 three 7 MEADOW PARK sales between December 2000 and January 2024 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 November 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 MEADOW PARK be worth now?

7 MEADOW PARK might now be worth an estimated £460,798.

This is based on house price inflation of 2.4%, between January 2024 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 2.4% inflationary increase is applied to the most recent sale price for 7 MEADOW PARK of £450,000 on 5th January 2024. For the value to have increased from £450,000 to £460,798 over the one month to December 2024, the following assumptions must hold true:

• The value of 7 MEADOW PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MEADOW PARK has not materially changed since January 2024.

How Large is 7 MEADOW PARK?

7 MEADOW PARK is 145m², which includes two extensions, according to the EPC inspection conducted in June 2023. 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 7 MEADOW PARK lies on this distribution: 90% of detached houses houses are smaller than 7 MEADOW PARK, and 10% of houses are larger. Note that EPC data is not available for all properties in South Molton.

7 MEADOW PARK: Plot and Title Map

7 MEADOW PARK sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 7 MEADOW PARK, 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 7 MEADOW PARK). 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 7 MEADOW PARK?

7 MEADOW PARK is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 7 on MEADOW PARK.