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House Prices in EX36

The average house price in EX36 (South Molton) is £317,431 using HM Land Registry data.

The average property price increased by £83,217 (23.78%) over the last 5 years and increased by £16,674 (3.64%) over the last 12 months.

Over the last year, there were 92 residential property sales – a decrease of 38 transactions (-41.30%) relative to the previous year. The majority of house sales (23) were in the £210,000 - £260,000 range. Then came properties in the £160,000 - £210,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 273 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,919 (-2%).

In Dec 24, there were 12 new estate agency instructions, 11 agreed home sales and 2 property price reductions.

5-Year Average Property Prices in EX36 (South Molton)

23.78%

Property prices in South Molton increased by 23.78% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EX36 (South Molton) Over the Last Year

3.64%

Property prices in South Molton increased by 3.64% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for EX36 (South Molton) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EX36 (South Molton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EX36 (South Molton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EX36 (South Molton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EX36 (South Molton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX36 postcode area since 1995.

Recent Sales in EX36 (South Molton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
36 Brook Meadow, South Molton, Devon, EX36 4BN	£270,000	£270,000	£00	27 Jun 2024	15 Nov 2024	141 Days
15 Kingsway, South Molton, Devon, EX36 4AJ	£210,000	£205,000	-£5,000	01 Jul 2024	04 Oct 2024	95 Days
20 Kingsway, South Molton, Devon, EX36 4AJ	£225,000	£217,000	-£8,000	17 Apr 2024	27 Sep 2024	163 Days
38 Whitehall Close, South Molton, Devon, EX36 4EQ	£240,000	£235,000	-£5,000	28 Apr 2024	27 Sep 2024	152 Days
6 Jubilee Gardens, North Molton, South Molton, Devon, EX36 3HS	£220,000	£215,000	-£5,000	12 Jun 2024	16 Sep 2024	96 Days
7 Parklands, South Molton, Devon, EX36 4EW	£350,000	£340,000	-£10,000	26 Mar 2024	30 Aug 2024	157 Days
9 Meadow Park, South Molton, Devon, EX36 4ES	£295,000	£275,000	-£20,000	14 Mar 2024	10 Jul 2024	118 Days
75 Raleigh Mead, South Molton, Devon, EX36 4BT	£232,500	£227,500	-£5,000	27 Mar 2024	05 Jul 2024	100 Days
117 Churchill Crescent, South Molton, Devon, EX36 4ET	£215,000	£213,000	-£2,000	21 Feb 2024	11 Jun 2024	111 Days
4 Exmoor View, South Molton, Devon, EX36 3BD	£275,000	£272,500	-£2,500	02 Mar 2024	03 May 2024	62 Days
Lammaton Close Bungalow, Mill Street, South Molton, Devon, EX36 4AS	£275,000	£255,000	-£20,000	15 Nov 2023	15 Apr 2024	152 Days
Forge Cottage, Exeter Road, South Molton, Devon, EX36 4HX	£550,000	£550,000	£00	15 Aug 2023	09 Apr 2024	238 Days
22 Mill Street, South Molton, Devon, EX36 4AR	£175,000	£160,000	-£15,000	01 Dec 2023	28 Mar 2024	118 Days
25 Howards Close, South Molton, Devon, EX36 4JT	£250,000	£227,500	-£22,500	27 Oct 2023	28 Mar 2024	153 Days
13 Livarot Walk, South Molton, Devon, EX36 4EF	£180,000	£174,000	-£6,000	26 Sep 2023	21 Mar 2024	177 Days
26 Nadder Meadow, South Molton, Devon, EX36 4BR	£315,000	£302,000	-£13,000	18 Sep 2023	08 Mar 2024	172 Days
22 North Street, South Molton, Devon, EX36 3AW	£225,000	£222,500	-£2,500	10 Oct 2023	06 Mar 2024	148 Days
40 East Street, South Molton, Devon, EX36 3DF	£169,950	£169,000	-£950	20 Oct 2023	23 Feb 2024	126 Days
2 Gwythers, South Molton, Devon, EX36 4AZ	£165,000	£160,000	-£5,000	18 Jul 2023	19 Feb 2024	216 Days
11 Mole Ridge Way, South Molton, Devon, EX36 3BG	£280,000	£270,000	-£10,000	02 Nov 2023	19 Feb 2024	109 Days

Most Expensive Streets in EX36 (South Molton)

Postcode	Street	Area	Average	No. of Sales
EX36 4HX	Exeter Road	South Molton	£561,250	4
EX36 4PL	Bishops Nympton	South Molton	£550,000	3
EX36 3LE	Heasley Mill	South Molton	£537,740	6
EX36 4QD	Ash Mill	South Molton	£527,950	4
EX36 4PH	West Street, Bishops Nympton	South Molton	£479,366	3
EX36 3JQ	East Street, North Molton	South Molton	£457,000	3
EX36 4RY	Knowstone	South Molton	£447,987	4
EX36 4EB	Roachill	South Molton	£427,590	5
EX36 3JD	Broad Close, North Molton	South Molton	£401,250	4
EX36 3FT	Carder Way	South Molton	£386,628	30

Least Expensive Streets in EX36 (South Molton)

Postcode	Street	Area	Average	No. of Sales
EX36 4AG	South Street	South Molton	£134,000	5
EX36 3BR	Cheldon Court, Barnstaple Street, South Molton	South Molton	£141,666	3
EX36 4AR	Mill Street	South Molton	£148,360	5
EX36 4BY	The Savoy Mews	South Molton	£154,300	5
EX36 3BU	East Street	South Molton	£157,000	5
EX36 3BQ	Barnstaple Street	South Molton	£157,055	9
EX36 4EF	Livarot Walk	South Molton	£160,666	3
EX36 4BW	Paramore Way	South Molton	£181,166	3
EX36 4AJ	Kingsway	South Molton	£182,166	6
EX36 4AW	Cooks Cross	South Molton	£182,968	8