47, PARK LANE, EXETER, EX4 9HP - £365,000

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.

47 PARK LANE is a midsized terraced house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £418,163. It was last sold for £365,000 in January 2021, which was around 46% above the average January 2021 terraced price in the Exeter local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

47 PARK LANE Sold Prices

Land registry data shows two sales for 47 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. Both of the two 47 PARK LANE sales were for above 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 29 JAN	£365,000	£250,455	46% above HPI
2004 28 APR	£237,500	£140,651	69% above HPI

47 PARK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Exeter local authority area over time, sourced from the HPI. The two 47 PARK LANE sales from April 2004 and January 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 April 2004 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the January 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 47 PARK LANE be worth now?

47 PARK LANE might now be worth an estimated £418,163.

This is based on house price inflation of 14.6%, between January 2021 and April 2026, for terraced houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 47 PARK LANE of £365,000 on 29th January 2021. For the value to have increased from £365,000 to £418,163 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 47 PARK LANE has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The January 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 47 PARK LANE has not materially changed since January 2021.

How Large is 47 PARK LANE?

47 PARK LANE is 126m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of terraced houses houses in Exeter, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Exeter, and where 47 PARK LANE lies on this distribution: 59% of terraced houses houses are smaller than 47 PARK LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Exeter.

47 PARK LANE: Plot and Title Map

47 PARK LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 47 PARK LANE, 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 47 PARK LANE). 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 47 PARK LANE?

47 PARK LANE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 47 on PARK LANE.