8, TANNERY CLOSE, SOUTH MOLTON, EX36 4FB - £327,000

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

8 TANNERY CLOSE is a very large detached house of 125m². It was last sold for £327,000 in May 2021, which was around 13% below the average May 2021 detached price in the North Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

8 TANNERY CLOSE Sold Prices

Land registry data shows two sales for 8 TANNERY CLOSE 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 8 TANNERY CLOSE 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 11 MAY	£327,000	£376,703	13% below HPI
2018 16 NOV	£314,950	£350,231	10% below HPI

8 TANNERY CLOSE 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 8 TANNERY CLOSE sales from November 2018 and May 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 November 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 TANNERY CLOSE?

8 TANNERY CLOSE is 125m² according to the EPC inspection conducted in October 2018. This puts it in the largest 20% 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 8 TANNERY CLOSE lies on this distribution: 83% of detached houses are smaller than 8 TANNERY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in South Molton.

8 TANNERY CLOSE: Plot and Title Map

8 TANNERY CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 8 TANNERY CLOSE, 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 8 TANNERY CLOSE). 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 8 TANNERY CLOSE?

8 TANNERY CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 8 on TANNERY CLOSE.