45, PARKLANDS, HEMYOCK, CULLOMPTON, EX15 3RY - £246,000

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.

45 PARKLANDS is a midsized extended semi-detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £331,935. It was last sold for £246,000 in June 2016, which was around 19% above the average June 2016 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

45 PARKLANDS Sold Prices

Land registry data shows three sales for 45 PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. The three 45 PARKLANDS sales were a mix of above the average price, and roughly equal to 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
2016 24 JUN	£246,000	£207,284	19% above HPI
2003 22 APR	£147,000	£141,894	4% above HPI
1999 28 APR	£63,602	£63,554	Close to HPI

45 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 three 45 PARKLANDS sales between April 1999 and June 2016 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 45 PARKLANDS be worth now?

45 PARKLANDS might now be worth an estimated £331,935.

This is based on house price inflation of 34.9%, between June 2016 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 34.9% inflationary increase is applied to the most recent sale price for 45 PARKLANDS of £246,000 on 24th June 2016. For the value to have increased from £246,000 to £331,935 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 45 PARKLANDS has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The June 2016 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 45 PARKLANDS has not materially changed since June 2016.

How Large is 45 PARKLANDS?

45 PARKLANDS is 105m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 50% 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 45 PARKLANDS lies on this distribution: 52% of semi-detached houses houses are smaller than 45 PARKLANDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

45 PARKLANDS: Plot and Title Map

45 PARKLANDS sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 45 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 45 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 45 PARKLANDS?

45 PARKLANDS is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 45 on PARKLANDS.