7, PARKLANDS, SOUTH MOLTON, EX36 4EW - £295,000

7 PARKLANDS is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £295,000 in March 2016, which was around 7% below the average March 2016 detached price in the North Devon local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was A.

7 PARKLANDS Sold Prices

Land registry data shows two sales for 7 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 7 PARKLANDS 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
2016 18 MAR	£295,000	£315,693	7% below HPI
1999 18 OCT	£95,000	£108,364	12% below HPI

7 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 7 PARKLANDS sales from October 1999 and March 2016 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 PARKLANDS?

7 PARKLANDS is 85m² according to the EPC inspection conducted in February 2024. 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 7 PARKLANDS lies on this distribution: 25% of detached houses are smaller than 7 PARKLANDS, and 73% of houses are larger. Note that EPC data is not available for all properties in South Molton.

7 PARKLANDS: Plot and Title Map

7 PARKLANDS sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 7 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 7 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 7 PARKLANDS?

7 PARKLANDS is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 7 on PARKLANDS.