55, PARKLANDS, HEMYOCK, CULLOMPTON, EX15 3RY - £128,000

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.

55 PARKLANDS is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £201,361. It was last sold for £128,000 in November 2005, which was around 9% below the average November 2005 terraced price in the Mid Devon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

55 PARKLANDS Sold Prices

Land registry data shows four sales for 55 PARKLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. Most of the four 55 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
2005 30 NOV	£128,000	£140,764	9% below HPI
2002 4 OCT	£93,500	£94,310	1% below HPI
2001 2 JUL	£67,000	£71,658	7% below HPI
1999 30 APR	£51,775	£48,622	6% above HPI

55 PARKLANDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The four 55 PARKLANDS sales between April 1999 and November 2005 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 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2005 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 55 PARKLANDS be worth now?

55 PARKLANDS might now be worth an estimated £201,361.

This is based on house price inflation of 57.3%, between November 2005 and May 2026, for terraced 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 57.3% inflationary increase is applied to the most recent sale price for 55 PARKLANDS of £128,000 on 30th November 2005. For the value to have increased from £128,000 to £201,361 over the 21 years and six months to May 2026, the following assumptions must hold true:

• The value of 55 PARKLANDS has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The November 2005 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 55 PARKLANDS has not materially changed since November 2005.

How Large is 55 PARKLANDS?

55 PARKLANDS is 54m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of terraced houses houses in Hemyock, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hemyock, and where 55 PARKLANDS lies on this distribution: Less than 1% of terraced houses houses are smaller than 55 PARKLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

55 PARKLANDS: Plot and Title Map

55 PARKLANDS sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 55 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 55 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 55 PARKLANDS?

55 PARKLANDS is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 55 on PARKLANDS.