THE RETREAT, WEST STREET, SOUTH MOLTON, EX36 4DQ - £243,500

THE RETREAT is a very large extended detached house of 166m², built sometime before 1900. It was last sold for £243,500 in August 2002, which was around 38% above the average August 2002 detached price in the North Devon local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

THE RETREAT Sold Prices

Land registry data shows two sales for THE RETREAT 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 THE RETREAT 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
2002 21 AUG	£243,500	£176,098	38% above HPI
1997 27 MAY	£96,000	£83,237	15% above HPI

THE RETREAT 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 THE RETREAT sales from May 1997 and August 2002 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2002 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE RETREAT?

THE RETREAT is 166m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 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 THE RETREAT lies on this distribution: 94% of detached houses are smaller than THE RETREAT, and 6% of houses are larger. Note that EPC data is not available for all properties in South Molton.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.329 of an acre, or 1,329m². The below map shows the location of THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

THE RETREAT is located on WEST STREET in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of THE RETREAT on WEST STREET.