23, MAGDALENE WAY, SOUTH MOLTON, EX36 4FH - £240,000

23 MAGDALENE WAY is a small detached house of 85m². It was last sold for £240,000 in December 2020, which was around 36% below the average December 2020 detached price in the North Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

23 MAGDALENE WAY Sold Prices

Land registry data shows two sales for 23 MAGDALENE WAY 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 23 MAGDALENE WAY 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
2020 16 DEC	£240,000	£376,199	36% below HPI
2018 11 OCT	£230,950	£345,718	33% below HPI

23 MAGDALENE WAY 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 23 MAGDALENE WAY sales from October 2018 and December 2020 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 October 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 23 MAGDALENE WAY?

23 MAGDALENE WAY is 85m² according to the EPC inspection conducted in March 2018. 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 23 MAGDALENE WAY lies on this distribution: 25% of detached houses are smaller than 23 MAGDALENE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in South Molton.

23 MAGDALENE WAY: Plot and Title Map

23 MAGDALENE WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 23 MAGDALENE WAY, 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 23 MAGDALENE WAY). 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 23 MAGDALENE WAY?

23 MAGDALENE WAY is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 23 on MAGDALENE WAY.