3, PARK RISE, SALCOMBE, TQ8 8NX - £367,500

3 PARK RISE is a small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £367,500 in December 2006, which was around 2% above the average December 2006 detached price in the South Hams local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

3 PARK RISE Sold Prices

Land registry data shows two sales for 3 PARK RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. One of the two 3 PARK RISE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 1 DEC	£367,500	£358,712	2% above HPI
2001 11 APR	£155,000	£171,502	10% below HPI

3 PARK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 3 PARK RISE sales from April 2001 and December 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2006 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 PARK RISE?

3 PARK RISE is 105m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where 3 PARK RISE lies on this distribution: 23% of detached houses are smaller than 3 PARK RISE, and 76% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

3 PARK RISE: Plot and Title Map

3 PARK RISE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 3 PARK RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 PARK RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 PARK RISE?

3 PARK RISE is located in SALCOMBE, in the TQ8 postcode district. The below map shows the position of No. 3 on PARK RISE.