9, FALLOW CLOSE, SOUTH MOLTON, EX36 3FL - £510,000

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

9 FALLOW CLOSE is a midsized detached house of 104m², which could now be worth an estimated £499,877. It was last sold for £510,000 in February 2023, which was around 16% above the average February 2023 detached price in the North Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

9 FALLOW CLOSE Sold Prices

Land registry data shows two sales for 9 FALLOW 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 9 FALLOW CLOSE 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
2023 16 FEB	£510,000	£439,513	16% above HPI
2020 11 SEP	£399,995	£379,808	5% above HPI

9 FALLOW 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 9 FALLOW CLOSE sales from September 2020 and February 2023 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 September 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 9 FALLOW CLOSE be worth now?

9 FALLOW CLOSE might now be worth an estimated £499,877.

This is based on house price deflation of 2%, between February 2023 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% deflationary decrease is applied to the most recent sale price for 9 FALLOW CLOSE of £510,000 on 16th February 2023. For the value to have decreased from £510,000 to £499,877 over the two months to December 2024, the following assumptions must hold true:

• The value of 9 FALLOW CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2023 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FALLOW CLOSE has not materially changed since February 2023.

How Large is 9 FALLOW CLOSE?

9 FALLOW CLOSE is 104m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% 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 9 FALLOW CLOSE lies on this distribution: 43% of detached houses houses are smaller than 9 FALLOW CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in South Molton.

9 FALLOW CLOSE: Plot and Title Map

9 FALLOW CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 9 FALLOW 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 9 FALLOW 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 9 FALLOW CLOSE?

9 FALLOW CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 9 on FALLOW CLOSE.