THE GATEHOUSE, COOKS CROSS, SOUTH MOLTON, EX36 4AW - £258,000

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.

THE GATEHOUSE is a very large extended detached house of 183m², built sometime between 1996 and 2002, which could now be worth an estimated £348,719. It was last sold for £258,000 in June 2017, which was around 22% below the average June 2017 detached price in the North Devon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

THE GATEHOUSE Sold Prices

Land registry data shows two sales for THE GATEHOUSE 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 THE GATEHOUSE 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
2017 16 JUN	£258,000	£329,336	22% below HPI
2004 27 APR	£198,000	£242,484	18% below HPI

THE GATEHOUSE 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 THE GATEHOUSE sales from April 2004 and June 2017 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might THE GATEHOUSE be worth now?

THE GATEHOUSE might now be worth an estimated £348,719.

This is based on house price inflation of 35.2%, between June 2017 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 35.2% inflationary increase is applied to the most recent sale price for THE GATEHOUSE of £258,000 on 16th June 2017. For the value to have increased from £258,000 to £348,719 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of THE GATEHOUSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2017 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of THE GATEHOUSE has not materially changed since June 2017.

How Large is THE GATEHOUSE?

THE GATEHOUSE is 183m², which includes two extensions, according to the EPC inspection conducted in August 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 THE GATEHOUSE lies on this distribution: 95% of detached houses houses are smaller than THE GATEHOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in South Molton.

THE GATEHOUSE: Plot and Title Map

THE GATEHOUSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of THE GATEHOUSE, 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 THE GATEHOUSE). 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 THE GATEHOUSE?

THE GATEHOUSE is located on COOKS CROSS in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of THE GATEHOUSE on COOKS CROSS.