7, RALEIGH MEAD, SOUTH MOLTON, EX36 4BT - £172,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RALEIGH MEAD is a very small detached house of 60m², built sometime from 2007 onwards. It was last sold for £172,000 in February 2020, which was around 51% below the average February 2020 detached price in the North Devon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was A.

7 RALEIGH MEAD Sold Prices

Land registry data shows two sales for 7 RALEIGH MEAD 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 7 RALEIGH MEAD 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
2020 21 FEB	£172,000	£351,292	51% below HPI
2008 3 DEC	£162,500	£254,699	36% below HPI

7 RALEIGH MEAD 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 7 RALEIGH MEAD sales from December 2008 and February 2020 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 December 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 7 RALEIGH MEAD?

7 RALEIGH MEAD is 60m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in South Molton, based on EPC data. The below chart shows the distribution of detached houses by size in South Molton, and where 7 RALEIGH MEAD lies on this distribution: 2% of detached houses are smaller than 7 RALEIGH MEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in South Molton.

7 RALEIGH MEAD: Plot and Title Map

7 RALEIGH MEAD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 7 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 7 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 7 RALEIGH MEAD?

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