BELVEDERE, GUNSWELL LANE, SOUTH MOLTON, EX36 4DH - £351,000

BELVEDERE is a very large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £351,000 in June 2012, which was around 26% above the average June 2012 detached price in the North Devon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

BELVEDERE Sold Prices

Land registry data shows two sales for BELVEDERE 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 BELVEDERE 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
2012 29 JUN	£351,000	£277,686	26% above HPI
2006 5 MAY	£272,000	£260,617	4% above HPI

BELVEDERE 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 BELVEDERE sales from May 2006 and June 2012 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 May 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is BELVEDERE?

BELVEDERE is 140m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 20% 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 BELVEDERE lies on this distribution: 89% of detached houses are smaller than BELVEDERE, and 11% of houses are larger. Note that EPC data is not available for all properties in South Molton.

BELVEDERE: Plot and Title Map

BELVEDERE sits on a plot of roughly 0.476 of an acre, or 1,926m². The below map shows the location of BELVEDERE, 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 BELVEDERE). 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 BELVEDERE?

BELVEDERE is located on GUNSWELL LANE in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of BELVEDERE on GUNSWELL LANE.