2 Observer Close

    2, OBSERVER CLOSE, SOUTH MOLTON, EX36 3FE

    This detached freehold property on Observer Close last sold in August 2023 for £390,000. Based on price growth in the EX36 district since then, its estimated current value is £336,083 — placing it in the 57th percentile nationally and the 68th percentile within EX36. The property covers 84 m² (904 sq ft), giving an estimated value of £4,001 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    84 m²

    (904 sq ft)

    Last Sale Price

    £390,000

    Aug 2023

    Estimated Valuation

    £336,083

    Est. £/m²

    £4,001/m²

    £372/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area84 m² (904 sq ft)
    EPC dateNov 2018
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Aug 2023

    £390,000

    11 Jan 2019

    New build

    £309,950

    Key Metrics

    Estimated valuation£336,083
    Value per m² / sq ft£4,001/m² (£372/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EX36 district percentile68th percentile
    National percentile57th percentile

    District Context — EX36

    EX36 covers the North Devon coast and inland areas, positioned in the southwest of England. It is a predominantly rural and coastal district with strong appeal to retirees and those seeking a quieter lifestyle.

    Average Property Price - EX36

    £304,743

    43

    National percentile

    Average Net Household Income - EX36

    £36,322

    40

    National percentile

    10-Year Annualised Price Growth - EX36

    2.2%

    11

    National percentile

    10-Year Annualised Rent Growth - EX

    3.5%

    26

    National percentile

    View full analysis for EX36

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