LIGHTLEIGH, DEANS LANE, SOUTH MOLTON, EX36 3DS - £295,000

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

LIGHTLEIGH is a very large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £295,000 in August 2007, which was around 2% above the average August 2007 detached price in the North Devon local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

LIGHTLEIGH Sold Prices

Land registry data shows two sales for LIGHTLEIGH 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. One of the two LIGHTLEIGH sales was for above the average price, whilst the other 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
2007 17 AUG	£295,000	£289,298	2% above HPI
2004 9 SEP	£235,000	£260,233	10% below HPI

LIGHTLEIGH 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 LIGHTLEIGH sales from September 2004 and August 2007 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2007 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is LIGHTLEIGH?

LIGHTLEIGH is 125m², which includes two extensions, according to the EPC inspection conducted in February 2011. 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 LIGHTLEIGH lies on this distribution: 83% of detached houses are smaller than LIGHTLEIGH, and 17% of houses are larger. Note that EPC data is not available for all properties in South Molton.

LIGHTLEIGH: Plot and Title Map

LIGHTLEIGH sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of LIGHTLEIGH, 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 LIGHTLEIGH). 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 LIGHTLEIGH?

LIGHTLEIGH is located on DEANS LANE in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of LIGHTLEIGH on DEANS LANE.