FOREST VIEW, NORTH STREET, SOUTH MOLTON, EX36 3AW - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FOREST VIEW is a very large extended detached house of 202m², built sometime before 1900, which could now be worth an estimated £623,465. It was last sold for £455,000 in December 2016, which was around 40% above the average December 2016 detached price in the North Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was C.

FOREST VIEW Sold Prices

Land registry data shows three sales for FOREST VIEW 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 FOREST VIEW 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
2016 14 DEC	£455,000	£324,859	40% above HPI
2002 16 MAY	£249,950	£170,621	46% above HPI
1999 15 JUL	£146,000	£105,356	39% above HPI

FOREST VIEW 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 FOREST VIEW sales between July 1999 and December 2016 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 May 2002 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the December 2016 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might FOREST VIEW be worth now?

FOREST VIEW might now be worth an estimated £623,465.

This is based on house price inflation of 37%, between December 2016 and February 2025, 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 37% inflationary increase is applied to the most recent sale price for FOREST VIEW of £455,000 on 14th December 2016. For the value to have increased from £455,000 to £623,465 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of FOREST VIEW has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2016 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of FOREST VIEW has not materially changed since December 2016.

How Large is FOREST VIEW?

FOREST VIEW is 202m², which includes two extensions, according to the EPC inspection conducted in March 2016. 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 FOREST VIEW lies on this distribution: 97% of detached houses houses are smaller than FOREST VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in South Molton.

FOREST VIEW: Plot and Title Map

FOREST VIEW sits on a plot of roughly 1.8 acres, or 7,247m². The below map shows the location of FOREST VIEW, 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 FOREST VIEW). 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 FOREST VIEW?

FOREST VIEW is located on NORTH STREET in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of FOREST VIEW on NORTH STREET.