THE SHIRE, NEW ROAD, SOUTH MOLTON, EX36 4BQ - £260,000

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

THE SHIRE is a midsized detached house of 103m², built sometime between 2003 and 2006. It was last sold for £260,000 in July 2019, which was around 26% below the average July 2019 detached price in the North Devon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

THE SHIRE Sold Prices

Land registry data shows two sales for THE SHIRE 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 SHIRE 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
2019 18 JUL	£260,000	£350,780	26% below HPI
2013 27 SEP	£214,000	£269,143	20% below HPI

THE SHIRE 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 SHIRE sales from September 2013 and July 2019 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE SHIRE?

THE SHIRE is 103m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% 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 THE SHIRE lies on this distribution: 42% of detached houses are smaller than THE SHIRE, and 57% of houses are larger. Note that EPC data is not available for all properties in South Molton.

THE SHIRE: Plot and Title Map

THE SHIRE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of THE SHIRE, 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 SHIRE). 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 SHIRE?

THE SHIRE is located on NEW ROAD in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of THE SHIRE on NEW ROAD.