8, ELM TREE PARK, YEALMPTON, PLYMOUTH, PL8 2ED - £200,000

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.

8 ELM TREE PARK is a very small extended semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £304,234. It was last sold for £200,000 in May 2013, which was around 13% below the average May 2013 semi-detached price in the South Hams local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

8 ELM TREE PARK Sold Prices

Land registry data shows three sales for 8 ELM TREE PARK 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 South Hams local authority area for the corresponding sale date. Two of the three 8 ELM TREE PARK sales were for below the average price, whilst one was 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
2013 2 MAY	£200,000	£230,795	13% below HPI
2004 13 AUG	£210,000	£200,134	5% above HPI
1996 22 AUG	£60,000	£60,682	1% below HPI

8 ELM TREE PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Hams local authority area over time, sourced from the HPI. The three 8 ELM TREE PARK sales between August 1996 and May 2013 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 August 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 ELM TREE PARK be worth now?

8 ELM TREE PARK might now be worth an estimated £304,234.

This is based on house price inflation of 52.1%, between May 2013 and May 2026, for semi-detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.1% inflationary increase is applied to the most recent sale price for 8 ELM TREE PARK of £200,000 on 2nd May 2013. For the value to have increased from £200,000 to £304,234 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 8 ELM TREE PARK has moved in line with the HPI for semi-detached houses in the South Hams local authority area.
• The May 2013 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM TREE PARK has not materially changed since May 2013.

How Large is 8 ELM TREE PARK?

8 ELM TREE PARK is 97m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of semi-detached houses houses in Yealmpton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Yealmpton, and where 8 ELM TREE PARK lies on this distribution: 17% of semi-detached houses houses are smaller than 8 ELM TREE PARK, and 82% of houses are larger. Note that EPC data is not available for all properties in Yealmpton.

8 ELM TREE PARK: Plot and Title Map

8 ELM TREE PARK sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 8 ELM TREE PARK, 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 8 ELM TREE PARK). 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 8 ELM TREE PARK?

8 ELM TREE PARK is located in YEALMPTON, in the PL8 postcode district. The below map shows the position of No. 8 on ELM TREE PARK.