WISHPOOL, DEANS LANE, SOUTH MOLTON, EX36 3DS - £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

WISHPOOL is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £260,000 in October 2018, which was around 25% below the average October 2018 detached price in the North Devon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

WISHPOOL Sold Prices

Land registry data shows four sales for WISHPOOL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four WISHPOOL 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 3 OCT	£260,000	£345,718	25% below HPI
2006 12 DEC	£245,000	£265,608	8% below HPI
2005 14 OCT	£169,000	£262,804	36% below HPI
1997 16 MAY	£78,950	£83,237	5% below HPI

WISHPOOL 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 four WISHPOOL sales between May 1997 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 December 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is WISHPOOL?

WISHPOOL is 98m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% 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 WISHPOOL lies on this distribution: 38% of detached houses are smaller than WISHPOOL, and 62% of houses are larger. Note that EPC data is not available for all properties in South Molton.

WISHPOOL: Plot and Title Map

WISHPOOL sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of WISHPOOL, 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 WISHPOOL). 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 WISHPOOL?

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