3, PARKFIELD CLOSE, MARLDON, PAIGNTON, TQ3 1PF - £248,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PARKFIELD CLOSE is a small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £452,620. It was last sold for £248,000 in February 2009, which was around 20% below the average February 2009 detached price in the South Hams local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

3 PARKFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 PARKFIELD CLOSE 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. Both of the two 3 PARKFIELD CLOSE sales were 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
2009 24 FEB	£248,000	£310,724	20% below HPI
1997 21 MAR	£60,000	£104,436	43% below HPI

3 PARKFIELD CLOSE 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 PARKFIELD CLOSE sales from March 1997 and February 2009 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 March 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2009 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 PARKFIELD CLOSE be worth now?

3 PARKFIELD CLOSE might now be worth an estimated £452,620.

This is based on house price inflation of 82.5%, between February 2009 and April 2026, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.5% inflationary increase is applied to the most recent sale price for 3 PARKFIELD CLOSE of £248,000 on 24th February 2009. For the value to have increased from £248,000 to £452,620 over the sixteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 PARKFIELD CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The February 2009 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKFIELD CLOSE has not materially changed since February 2009.

How Large is 3 PARKFIELD CLOSE?

3 PARKFIELD CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses houses in Marldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marldon, and where 3 PARKFIELD CLOSE lies on this distribution: 29% of detached houses houses are smaller than 3 PARKFIELD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Marldon.

3 PARKFIELD CLOSE: Plot and Title Map

3 PARKFIELD CLOSE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 3 PARKFIELD CLOSE, 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 PARKFIELD CLOSE). 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 PARKFIELD CLOSE?

3 PARKFIELD CLOSE is located in MARLDON, in the TQ3 postcode district. The below map shows the position of No. 3 on PARKFIELD CLOSE.