GLEBE COTTAGE, CHURCH YARD, SOUTH MOLTON, EX36 3BW - £430,000

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.

GLEBE COTTAGE is a very small detached house of 62m², built sometime between 2007 and 2011, which could now be worth an estimated £731,345. It was last sold for £430,000 in September 2009, which was around 64% above the average September 2009 detached price in the North Devon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

GLEBE COTTAGE Sold Prices

Land registry data shows three sales for GLEBE COTTAGE 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. Two of the three GLEBE COTTAGE sales were for above the average price, whilst one was 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
2009 9 SEP	£430,000	£261,723	64% above HPI
1999 20 APR	£150,000	£101,018	48% above HPI
1997 14 FEB	£79,950	£80,401	1% below HPI

GLEBE COTTAGE 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 GLEBE COTTAGE sales between February 1997 and September 2009 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 April 1999 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2009 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might GLEBE COTTAGE be worth now?

GLEBE COTTAGE might now be worth an estimated £731,345.

This is based on house price inflation of 70.1%, between September 2009 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 70.1% inflationary increase is applied to the most recent sale price for GLEBE COTTAGE of £430,000 on 9th September 2009. For the value to have increased from £430,000 to £731,345 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of GLEBE COTTAGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2009 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of GLEBE COTTAGE has not materially changed since September 2009.

How Large is GLEBE COTTAGE?

GLEBE COTTAGE is 62m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 GLEBE COTTAGE lies on this distribution: 3% of detached houses houses are smaller than GLEBE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in South Molton.

GLEBE COTTAGE: Plot and Title Map

GLEBE COTTAGE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of GLEBE COTTAGE, 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 GLEBE COTTAGE). 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 GLEBE COTTAGE?

GLEBE COTTAGE is located on CHURCH YARD in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of GLEBE COTTAGE on CHURCH YARD.