PEAK, POLTIMORE CLOSE, SOUTH MOLTON, EX36 4DD - £230,000

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

PEAK is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £230,000 in October 2018, which was around 33% below the average October 2018 detached price in the North Devon local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

PEAK Sold Prices

Land registry data shows two sales for PEAK 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 PEAK 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
2018 25 OCT	£230,000	£345,718	33% below HPI
2011 6 APR	£195,000	£266,454	27% below HPI

PEAK 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 PEAK sales from April 2011 and October 2018 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 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is PEAK?

PEAK is 77m² according to the EPC inspection conducted in November 2009. 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 PEAK lies on this distribution: 17% of detached houses are smaller than PEAK, and 83% of houses are larger. Note that EPC data is not available for all properties in South Molton.

PEAK: Plot and Title Map

PEAK sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of PEAK, 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 PEAK). 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 PEAK?

PEAK is located on POLTIMORE CLOSE in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of PEAK on POLTIMORE CLOSE.