2, Carder Way
2, Carder Way
Description & Estimates
2, Carder Way, South Molton is recorded publicly as a modern freehold house across 1,119 ft2 of internal area, sitting on a 462 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Carder Way, South Molton is £355,748 and its rental estimate is £1,039 per month, given the available information and assuming reasonable condition.
Carder Way, South Molton, EX36 falls within the EX36 postal district, in the borough of North Devon.
Our Data Sources
2, Carder Way, South Molton has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Carder Way, South Molton, we estimate a market value of £373,535 and a rental value of £1,091 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £330,846 and £966 per month respectively.
Recent Market Change
Over the last year, 2, Carder Way, South Molton has seen its estimated sale value fall by £4,088 (1.1%) and its estimated rental value move up by £36 per month (3.4%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 2, Carder Way, South Molton as measuring 462 m2.
That makes it the 3rd largest plot in the postcode, where 12 of the 30 other houses have recorded plot data.
Energy Efficiency
2, Carder Way, South Molton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Carder Way, South Molton completed on 27th October 2021 at £419,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.2% over the period since October 2021.
- Sold Oct 2021£419,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Carder Way, South Molton have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2022, was 7, Carder Way, South Molton, EX36 3FT, a freehold house which sold for £449,995.
Read more about house prices in EX36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 30 addresses on Carder Way, South Molton, EX36, 2, Carder Way, South Molton comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the EX36 district.
More reading links
Schools Nearby
- 200mSouth Molton Community Primary School
- 1.2kmSouth Molton United CofE Primary School
- 4.0kmNorth Molton Primary School
- 1.1kmSouth Molton Community College
- 11.9kmChulmleigh Community College
- 15.6kmThe Park Community School
More reading links
Public Transport Nearby
From 2, Carder Way, South Molton, the nearest station is Umberleigh, 10.4 kilometres away.
- 10.4kmUmberleigh
- 10.6kmPortsmouth Arms
- 10.6kmKings Nympton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
