8, PARKLANDS, SOUTH MOLTON, EX36 4EW - £350,000

8 PARKLANDS is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2022, which was around 24% below the average October 2022 detached price in the North Devon local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

8 PARKLANDS Sold Prices

Land registry data shows three sales for 8 PARKLANDS 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 8 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
2022 7 OCT	£350,000	£462,789	24% below HPI
2017 1 DEC	£275,000	£325,272	15% below HPI
2007 23 FEB	£219,000	£269,595	19% below HPI

8 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 three 8 PARKLANDS sales between February 2007 and October 2022 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 December 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 PARKLANDS?

8 PARKLANDS is 89m², which includes one extension, according to the EPC inspection conducted in August 2017. 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 8 PARKLANDS lies on this distribution: 30% of detached houses are smaller than 8 PARKLANDS, and 69% of houses are larger. Note that EPC data is not available for all properties in South Molton.

8 PARKLANDS: Plot and Title Map

8 PARKLANDS sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 8 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 8 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 8 PARKLANDS?

8 PARKLANDS is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 8 on PARKLANDS.