5, PARK RISE, SALCOMBE, TQ8 8NX - £240,000

5 PARK RISE is a midsized extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2003, which was around 15% below the average September 2003 detached price in the South Hams local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

5 PARK RISE Sold Prices

Land registry data shows two sales for 5 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. Both of the two 5 PARK RISE 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
2003 19 SEP	£240,000	£280,705	15% below HPI
1999 29 OCT	£105,000	£142,398	26% below HPI

5 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 5 PARK RISE sales from October 1999 and September 2003 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 October 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2003 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 PARK RISE?

5 PARK RISE is 154m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where 5 PARK RISE lies on this distribution: 52% of detached houses are smaller than 5 PARK RISE, and 48% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

5 PARK RISE: Plot and Title Map

5 PARK RISE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 5 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 5 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 5 PARK RISE?

5 PARK RISE is located in SALCOMBE, in the TQ8 postcode district. The below map shows the position of No. 5 on PARK RISE.