9, PARKLANDS CLOSE, SOUTH MOLTON, EX36 4EU - £220,000

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

9 PARKLANDS CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £220,000 in March 2019, which was around 38% below the average March 2019 detached price in the North Devon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

9 PARKLANDS CLOSE Sold Prices

Land registry data shows four sales for 9 PARKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 9 PARKLANDS 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
2019 22 MAR	£220,000	£352,830	38% below HPI
2017 25 JUL	£230,000	£326,063	29% below HPI
2007 12 NOV	£234,000	£297,196	21% below HPI
2003 20 JAN	£112,500	£198,451	43% below HPI

9 PARKLANDS 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 four 9 PARKLANDS CLOSE sales between January 2003 and March 2019 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 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 9 PARKLANDS CLOSE?

9 PARKLANDS CLOSE is 77m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 9 PARKLANDS CLOSE lies on this distribution: 16% of detached houses are smaller than 9 PARKLANDS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in South Molton.

9 PARKLANDS CLOSE: Plot and Title Map

9 PARKLANDS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 9 PARKLANDS 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 PARKLANDS 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 PARKLANDS CLOSE?

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