SPRINGFIELD, NORTH ROAD, SOUTH MOLTON, EX36 3AZ - £292,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPRINGFIELD is a very large extended semi-detached house of 157m², built sometime between 1900 and 1929, which could now be worth an estimated £366,752. It was last sold for £292,500 in June 2019, which was around 26% above the average June 2019 semi-detached price in the North Devon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

SPRINGFIELD Sold Prices

Land registry data shows three sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. All of the three SPRINGFIELD 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
2019 3 JUN	£292,500	£232,197	26% above HPI
2014 18 AUG	£270,000	£193,320	40% above HPI
1995 7 FEB	£76,000	£47,170	61% above HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The three SPRINGFIELD sales between February 1995 and June 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 August 2014 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £366,752.

This is based on house price inflation of 25.4%, between June 2019 and July 2025, for semi-detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.4% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £292,500 on 3rd June 2019. For the value to have increased from £292,500 to £366,752 over the five years and eleven months to July 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The June 2019 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since June 2019.

How Large is SPRINGFIELD?

SPRINGFIELD is 157m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of semi-detached houses houses in South Molton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Molton, and where SPRINGFIELD lies on this distribution: 92% of semi-detached houses houses are smaller than SPRINGFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in South Molton.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on NORTH ROAD in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of SPRINGFIELD on NORTH ROAD.