16, TANNERY CLOSE, SOUTH MOLTON, EX36 4FB - £225,000

16 TANNERY CLOSE is a small detached house of 85m². It was last sold for £225,000 in September 2018, which was around 33% below the average September 2018 detached price in the North Devon local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

16 TANNERY CLOSE Sold Prices

Land registry data shows three sales for 16 TANNERY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 16 TANNERY CLOSE 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 21 SEP	£225,000	£338,260	33% below HPI
2018 27 APR	£219,000	£315,158	31% below HPI
2017 30 JUN	£219,000	£321,677	32% below HPI

16 TANNERY CLOSE 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 three 16 TANNERY CLOSE sales between June 2017 and September 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 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 TANNERY CLOSE?

16 TANNERY CLOSE is 85m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 16 TANNERY CLOSE lies on this distribution: 25% of detached houses are smaller than 16 TANNERY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in South Molton.

16 TANNERY CLOSE: Plot and Title Map

16 TANNERY CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 16 TANNERY CLOSE, 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 16 TANNERY CLOSE). 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 16 TANNERY CLOSE?

16 TANNERY CLOSE is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 16 on TANNERY CLOSE.