39, PARKLANDS, HEMYOCK, CULLOMPTON, EX15 3RY - £185,000

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.

39 PARKLANDS is a very small semi-detached house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £209,129. It was last sold for £185,000 in June 2021, which was around 25% below the average June 2021 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

39 PARKLANDS Sold Prices

Land registry data shows four sales for 39 PARKLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 39 PARKLANDS 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
2021 30 JUN	£185,000	£247,423	25% below HPI
2011 19 MAY	£137,250	£182,886	25% below HPI
2005 8 APR	£135,000	£159,004	15% below HPI
1998 5 JUN	£47,000	£62,337	25% below HPI

39 PARKLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four 39 PARKLANDS sales between June 1998 and June 2021 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 May 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, which was also at 25% below the HPI.

What might 39 PARKLANDS be worth now?

39 PARKLANDS might now be worth an estimated £209,129.

This is based on house price inflation of 13%, between June 2021 and May 2026, for semi-detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 39 PARKLANDS of £185,000 on 30th June 2021. For the value to have increased from £185,000 to £209,129 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 39 PARKLANDS has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The June 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PARKLANDS has not materially changed since June 2021.

How Large is 39 PARKLANDS?

39 PARKLANDS is 53m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Hemyock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemyock, and where 39 PARKLANDS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 39 PARKLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

39 PARKLANDS: Plot and Title Map

39 PARKLANDS sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 39 PARKLANDS, 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 39 PARKLANDS). 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 39 PARKLANDS?

39 PARKLANDS is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 39 on PARKLANDS.