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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Springbrook Cottage is a period freehold house with 1,625 ft2 of internal area and sits on a 1,028 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Springbrook Cottage is £455,280 and the estimated rental value is £1,138 per month.
South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
Springbrook Cottage has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated July 2012.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Springbrook Cottage is in very good condition we estimate a sale value of £478,044 and a rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,411 and a rental value of £1,059 per month.
Over the last 12 months the sale value of Springbrook Cottage has decreased by an estimated £10,912 (2.4%) and its rental value has increased by an estimated £21 per month (1.8%), giving an expected gross yield of 3%.
According to data from HM Land Registry, Springbrook Cottage sits on a plot of 1028m2.
We have plot size data on 1 out of 4 other houses in the postcode and Springbrook Cottage sits on the largest plot.
Springbrook Cottage has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Springbrook Cottage was last sold on 22nd June 2015 for £353,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2015, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springbrook Cottage within a radius of 7.9 kilometres over the last 2 years.
The most recent example is Longdown Close, South Molton, EX36 3HA, a freehold house which sold for £1,450,000 on the 30th June 2023.
Read more about house prices in EX36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Molton, EX36 has a total of 160 addresses. According to our analysis of all the public data, Springbrook Cottage is the 80th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in EX36.
The closest station to Springbrook Cottage is Umberleigh station which is 14.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Springbrook Cottage, 52.0% of property is privately owned outright and 27.6% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Springbrook Cottage, 13.8% of residents are recorded as possessing school level qualifications and 30.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springbrook Cottage, the average age was 45.2 and the most common age was 62.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Springbrook Cottage, 0.8% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Springbrook Cottage, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
