# 3 bedroom terraced house for sale (EX36 4FJ) ## Property Details | Key | Value | |-----|-------| | Address | 38 OAKTREE ROAD, SOUTH MOLTON, DEVON EX36 4FJ | | Price | £260,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Floor area | 94 m² | | Last sold | £260,000 Apr 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** A - **Expiry date:** 10/08/2030 - **Est. upgrade cost to C:** £9,500 ### Recommendations - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8604-7497-5132-9497-1803) ## Description A modern three double bedroomed family home with master ensuite, parking & garage, situated on the popular new Honeymead Meadow development with 9 years NHBC remaining. 38 Oaktree Road offers a complete package for a family home, located in the new Honeymead Meadow development with 9 years remaining of the NHBC. ‘The Hanbury’ is welcomed into via an entrance hall with stairs rising to the first floor and a door through to the living room. The living room has plenty of light flowing in through the large bay window . The room is of neutral décor and lovely high quality carpets. From the living room leads through to the kitchen diner. The kitchen is fitted with wall and base units, soft closing drawers, worktop, stainless steel sink and drainer, integrated cooker & hob with extractor hood over. There is a cupboard housing the boiler and plumbing and space for a washing machine and a fridge freezer. The room provides a lovely area to dine overlooking the rear garden with French doors opening into the garden. Completing the ground floor is a useful cloakroom with a wash hand basin and close coupled WC. To the first floor is a landing leading to the family bathroom, second and third bedrooms, to the end of the landing is an inner hallway with stairs rising to the second floor. The modern family bathroom is beautifully presented, partially tiled grey with neutral décor and white suite comprising wash hand basin, panelled bath, close coupled WC and a separate shower cubicle and a heated towel rail. The two bedrooms on this floor are both good sized doubles and of neutral décor. Stairs rising to the second floor lead to the master bedroom. The master bedroom is a fantastic room, plentiful in natural light from the velux windows, and with space for a dressing area. The ensuite has a shower cubicle, wash hand basin, close coupled WC, and heated towel rail. For layout and approximate room measurement please see the enclosed floorplan. Located in the popular new development of Honeymead Meadow, situated off of Nadder Lane. South Molton is a most traditional and thriving market town situated just off the A361 and only some 12 miles or so from the regional centre of Barnstaple. The town has a pretty main square, a twice-weekly market, a good range of shops including a Sainsbury's supermarket, a recently extended Health centre, bank, library and a public swimming pool. There is a regular bus service to Barnstaple, Tiverton and Exeter. Close to Exmoor National Park and within easy driving distance of the coast. It is just 19 miles from Tiverton and 25 miles from the M5 and National rail links at Tiverton parkway. The front of the property is approached via a paved path with a level lawned area to the side. The rear garden has been recently landscaped to provide a low maintenance area over three tiers. Immediately out of the French doors leads to a patio area with steps going down to the second level which provides enclosed raised flower beds and the bottom tier has also been laid to patio. There is a pedestrian gate accessing the rear garden from where you can find parking for two cars and a single garage in a block of three. ## Property Photos - ![Picture No. 02](/listings/photos/118980173/1342056) - Picture No. 02 - ![Picture No. 07](/listings/photos/118980173/1342061) - Picture No. 07 - ![Picture No. 08](/listings/photos/118980173/1342067) - Picture No. 08 - ![Picture No. 03](/listings/photos/118980173/1342072) - Picture No. 03 - ![Picture No. 04](/listings/photos/118980173/1342075) - Picture No. 04 - ![Picture No. 05](/listings/photos/118980173/1342078) - Picture No. 05 - ![Picture No. 06](/listings/photos/118980173/1342080) - Picture No. 06 - ![Picture No. 09](/listings/photos/118980173/1342084) - Picture No. 09 - ![Picture No. 10](/listings/photos/118980173/1342085) - Picture No. 10 ## Floorplans - ![Floorplan](/listings/photos/118980173/1342087) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/118980173/1342088) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 38 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £260,000 | 14/04/2022 | Terraced | | 38 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £214,950 | 17/09/2020 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 35 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £290,000 | 19/12/2025 | Semi-detached | | [Same street] 9 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £250,000 | 28/11/2025 | Terraced | | 4D LIVAROT WALK, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4EF | £210,000 | 21/11/2025 | Terraced | | 83 CHURCHILL CRESCENT, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4EL | £190,000 | 11/07/2025 | Terraced | | [Same street] 92 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £350,000 | 28/03/2025 | Detached | | [Same street] 90 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £345,000 | 28/03/2025 | Detached | | [Same street] 61 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £375,000 | 21/03/2025 | Detached | | [Same street] 67 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £340,000 | 05/02/2025 | Detached | | [Same street] 18 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £275,000 | 03/01/2025 | Semi-detached | | [Same street] 34 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £129,309 | 09/08/2024 | Flat | | [Same street] 3 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £330,000 | 19/04/2024 | Detached | | [Same street] 21 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £345,000 | 13/12/2023 | Detached | | 22 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BR | £220,000 | 08/12/2023 | Terraced | | 86 CHURCHILL CRESCENT, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4ET | £193,500 | 05/12/2023 | Terraced | | [Same street] 36 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £296,000 | 25/11/2023 | Terraced | | [Same street] 6 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £260,000 | 04/08/2023 | Terraced | | [Same street] 5 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £300,000 | 28/04/2023 | Semi-detached | | 89 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BS | £246,500 | 31/03/2023 | Terraced | | 48 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BR | £255,000 | 28/10/2022 | Terraced | | [Same street] 10 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £270,000 | 07/10/2022 | Semi-detached | | 3 LIVAROT WALK, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4EF | £170,000 | 07/10/2022 | Terraced | | 36 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BR | £240,000 | 30/09/2022 | Terraced | | [Same street] 20 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £340,000 | 21/09/2022 | Detached | | 83 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BS | £234,000 | 22/07/2022 | Terraced | | 13 CHURCHILL CRESCENT, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4EL | £240,000 | 04/03/2022 | Terraced | | 2 CHURCHILL CRESCENT, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4EL | £250,000 | 01/02/2022 | Terraced | | 78 CHURCHILL CRESCENT, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4ET | £210,000 | 23/11/2021 | Terraced | | 50 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BR | £255,250 | 30/09/2021 | Terraced | **Street average:** £299,687 (15 sales) **Area average:** £224,173 (13 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £214,341 (16 Terraced, EX36, 2024–2026) - **Deviation:** +21.3% ## Rental Range *ONS Price Index of Private Rents (North Devon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £761/mo - **Realistic:** £845/mo - **Optimistic:** £930/mo ## 1% Rule - **Rent ratio:** 0.33% (weak for cashflow) - **Max investor price (0.8%):** £105,625 - **Target investor price (1%):** £84,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £2,766/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -24% - **10y growth:** 80% ## House Price Index (HM Land Registry) *Official index for North Devon; Terraced series; as of April 2026.* - **1y growth (index):** -2.7% - **5y growth (index):** 9.8% - **10y growth (index):** 37.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)