MELYN CHY, EAST STREET, SOUTH MOLTON, EX36 3DQ - £355,000

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

MELYN CHY is a very large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £355,000 in April 2016, which was around 16% above the average April 2016 detached price in the North Devon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

MELYN CHY Sold Prices

Land registry data shows two sales for MELYN CHY 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 MELYN CHY 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 7 APR	£355,000	£305,676	16% above HPI
2013 25 JUL	£375,000	£258,036	45% above HPI

MELYN CHY 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 MELYN CHY sales from July 2013 and April 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 July 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is MELYN CHY?

MELYN CHY is 132m² according to the EPC inspection conducted in November 2012. 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 MELYN CHY lies on this distribution: 86% of detached houses are smaller than MELYN CHY, and 13% of houses are larger. Note that EPC data is not available for all properties in South Molton.

MELYN CHY: Plot and Title Map

MELYN CHY sits on a plot of roughly 0.554 of an acre, or 2,243m². The below map shows the location of MELYN CHY, 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 MELYN CHY). 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 MELYN CHY?

MELYN CHY is located on EAST STREET in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of MELYN CHY on EAST STREET.