34, RALEIGH MEAD, SOUTH MOLTON, EX36 4BT - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 RALEIGH MEAD is a small terraced house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £265,461. It was last sold for £185,000 in May 2018, which was around 14% above the average May 2018 terraced price in the North Devon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

34 RALEIGH MEAD Sold Prices

Land registry data shows five sales for 34 RALEIGH MEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Devon local authority area for the corresponding sale date. Most of the five 34 RALEIGH MEAD 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
2018 3 MAY	£185,000	£161,957	14% above HPI
2010 27 AUG	£160,949	£151,291	6% above HPI
2008 18 SEP	£150,000	£152,923	2% below HPI
2008 8 FEB	£194,950	£156,835	24% above HPI
2006 17 FEB	£189,995	£145,672	30% above HPI

34 RALEIGH MEAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Devon local authority area over time, sourced from the HPI. The five 34 RALEIGH MEAD sales between February 2006 and May 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 August 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 34 RALEIGH MEAD be worth now?

34 RALEIGH MEAD might now be worth an estimated £265,461.

This is based on house price inflation of 43.5%, between May 2018 and July 2025, for terraced houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.5% inflationary increase is applied to the most recent sale price for 34 RALEIGH MEAD of £185,000 on 3rd May 2018. For the value to have increased from £185,000 to £265,461 over the six years and ten months to July 2025, the following assumptions must hold true:

• The value of 34 RALEIGH MEAD has moved in line with the HPI for terraced houses in the North Devon local authority area.
• The May 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 34 RALEIGH MEAD has not materially changed since May 2018.

How Large is 34 RALEIGH MEAD?

34 RALEIGH MEAD is 95m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of terraced houses houses in South Molton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Molton, and where 34 RALEIGH MEAD lies on this distribution: 36% of terraced houses houses are smaller than 34 RALEIGH MEAD, and 63% of houses are larger. Note that EPC data is not available for all properties in South Molton.

34 RALEIGH MEAD: Plot and Title Map

34 RALEIGH MEAD sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 34 RALEIGH MEAD, 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 34 RALEIGH MEAD). 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 34 RALEIGH MEAD?

34 RALEIGH MEAD is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 34 on RALEIGH MEAD.