Avercombe Mill, South Molton
Avercombe Mill, South Molton
Description & Estimates
Avercombe Mill, South Molton is recorded publicly as a period freehold house across 2,486 ft2 of internal area, sitting on a 4,451 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Avercombe Mill, South Molton is £670,141 and its rental estimate is £1,619 per month, given the available information and assuming reasonable condition.
Bishops Nympton, South Molton, EX36 falls within the EX36 postal district, in the borough of North Devon.
Our Data Sources
Avercombe Mill, South Molton has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Avercombe Mill, South Molton, we estimate a market value of £703,648 and a rental value of £1,700 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £623,231 and £1,505 per month respectively.
Recent Market Change
Over the last year, Avercombe Mill, South Molton has seen its estimated sale value decline by £16,276 (2.4%) and its estimated rental value climb by £36 per month (2.2%). This results in an estimated gross rental yield of 2.9%.
Plot Size
HM Land Registry records the plot of land for Avercombe Mill, South Molton as measuring 4,451 m2.
That makes it the 5th largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
Energy Efficiency
Avercombe Mill, South Molton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2018.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Avercombe Mill, South Molton completed on 24th November 2015 at £525,000 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 risen by 20.7% over the period since November 2015.
- Sold Nov 2015£525,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Avercombe Mill, South Molton have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2019, was 7A, Meadow View, South Molton, EX36 4PF, a freehold house which sold for £425,000.
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 339 addresses on Bishops Nympton, South Molton, EX36, Avercombe Mill, South Molton comes out as the 56th largest and the 31st most expensive in our analysis of the public data.
It is also £371k more expensive than the average property across the EX36 district.
More reading links
Schools Nearby
- 1.4kmBishops Nympton Primary School
- 6.2kmSouth Molton United CofE Primary School
- 6.6kmSouth Molton Community Primary School
- 5.9kmSouth Molton Community College
- 11.4kmChulmleigh Community College
- 20.5kmTiverton High School
More reading links
Public Transport Nearby
From Avercombe Mill, South Molton, the nearest station is Kings Nympton, 12.0 kilometres away.
- 12.0kmKings Nympton
- 14.0kmPortsmouth Arms
- 14.1kmEggesford
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
