3, PARKLANDS, SOUTH MOLTON, EX36 4EW - £450,000

3 PARKLANDS is a very large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £450,000 in March 2021, which was around 24% above the average March 2021 detached price in the North Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

3 PARKLANDS Sold Prices

Land registry data shows two sales for 3 PARKLANDS 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 3 PARKLANDS sales were for above 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
2021 25 MAR	£450,000	£364,028	24% above HPI
1996 26 APR	£79,500	£73,449	8% above HPI

3 PARKLANDS 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 3 PARKLANDS sales from April 1996 and March 2021 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 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 PARKLANDS?

3 PARKLANDS is 172m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% 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 3 PARKLANDS lies on this distribution: 94% of detached houses are smaller than 3 PARKLANDS, and 6% of houses are larger. Note that EPC data is not available for all properties in South Molton.

3 PARKLANDS: Plot and Title Map

3 PARKLANDS sits on a plot of roughly 0.400 of an acre, or 1,618m². The below map shows the location of 3 PARKLANDS, 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 3 PARKLANDS). 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 3 PARKLANDS?

3 PARKLANDS is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 3 on PARKLANDS.