5, RALEIGH MEAD, SOUTH MOLTON, EX36 4BT - £278,000

5 RALEIGH MEAD is a very small detached house of 66m², built sometime between 2003 and 2006. It was last sold for £278,000 in October 2023, which was around 39% below the average October 2023 detached price in the North Devon local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

5 RALEIGH MEAD Sold Prices

Land registry data shows three sales for 5 RALEIGH MEAD 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 5 RALEIGH MEAD 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
2023 26 OCT	£278,000	£456,045	39% below HPI
2011 25 NOV	£159,000	£281,138	43% below HPI
2005 29 JUL	£152,995	£254,731	40% below HPI

5 RALEIGH MEAD 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 5 RALEIGH MEAD sales between July 2005 and October 2023 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 November 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 RALEIGH MEAD?

5 RALEIGH MEAD is 66m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 5 RALEIGH MEAD lies on this distribution: 3% of detached houses are smaller than 5 RALEIGH MEAD, and 96% of houses are larger. Note that EPC data is not available for all properties in South Molton.

5 RALEIGH MEAD: Plot and Title Map

5 RALEIGH MEAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 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 5 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 5 RALEIGH MEAD?

5 RALEIGH MEAD is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 5 on RALEIGH MEAD.