9, MOLE RIDGE WAY, SOUTH MOLTON, EX36 3BG - £225,000

9 MOLE RIDGE WAY is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £225,000 in July 2019, which was around 36% below the average July 2019 detached price in the North Devon local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

9 MOLE RIDGE WAY Sold Prices

Land registry data shows two sales for 9 MOLE RIDGE WAY 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 9 MOLE RIDGE WAY 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
2019 22 JUL	£225,000	£350,780	36% below HPI
2000 15 DEC	£104,950	£126,726	17% below HPI

9 MOLE RIDGE WAY 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 9 MOLE RIDGE WAY sales from December 2000 and July 2019 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 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 9 MOLE RIDGE WAY?

9 MOLE RIDGE WAY is 66m² according to the EPC inspection conducted in April 2019. 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 9 MOLE RIDGE WAY lies on this distribution: 3% of detached houses are smaller than 9 MOLE RIDGE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in South Molton.

9 MOLE RIDGE WAY: Plot and Title Map

9 MOLE RIDGE WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 9 MOLE RIDGE WAY, 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 9 MOLE RIDGE WAY). 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 9 MOLE RIDGE WAY?

9 MOLE RIDGE WAY is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 9 on MOLE RIDGE WAY.