2, EXETER GATE, SOUTH MOLTON, EX36 4AN - £225,000

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.

2 EXETER GATE is a very small extended detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £264,216. It was last sold for £225,000 in November 2018, which was around 37% below the average November 2018 detached price in the North Devon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

2 EXETER GATE Sold Prices

Land registry data shows one sale for 2 EXETER GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Devon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 30 NOV	£225,000	£358,570	37% below HPI

What might 2 EXETER GATE be worth now?

2 EXETER GATE might now be worth an estimated £264,216.

This is based on house price inflation of 17.4%, between November 2018 and May 2026, for 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 17.4% inflationary increase is applied to the most recent sale price for 2 EXETER GATE of £225,000 on 30th November 2018. For the value to have increased from £225,000 to £264,216 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 2 EXETER GATE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The November 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EXETER GATE has not materially changed since November 2018.

How Large is 2 EXETER GATE?

2 EXETER GATE is 80m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 2 EXETER GATE lies on this distribution: 20% of detached houses are smaller than 2 EXETER GATE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in South Molton.

2 EXETER GATE: Plot

2 EXETER GATE sits on a plot of roughly 0.105 of an acre, or 423m².

Where is 2 EXETER GATE?

2 EXETER GATE is located in SOUTH MOLTON, in the EX36 postcode district.