16, PARK WOOD RISE, LIFTON, PL16 0LA - £345,000

16 PARK WOOD RISE is a very small detached house of 68m², built sometime between 2003 and 2006. It was last sold for £345,000 in December 2022, which was around 25% below the average December 2022 detached price in the West Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

16 PARK WOOD RISE Sold Prices

Land registry data shows three sales for 16 PARK WOOD RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three 16 PARK WOOD 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
2022 12 DEC	£345,000	£457,186	25% below HPI
2007 20 JUL	£192,000	£318,492	40% below HPI
2005 28 JAN	£163,000	£272,234	40% below HPI

16 PARK WOOD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three 16 PARK WOOD RISE sales between January 2005 and December 2022 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 July 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 PARK WOOD RISE?

16 PARK WOOD RISE is 68m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Lifton, based on EPC data. The below chart shows the distribution of detached houses by size in Lifton, and where 16 PARK WOOD RISE lies on this distribution: 3% of detached houses are smaller than 16 PARK WOOD RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lifton.

16 PARK WOOD RISE: Plot and Title Map

16 PARK WOOD RISE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16 PARK WOOD 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 16 PARK WOOD 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 16 PARK WOOD RISE?

16 PARK WOOD RISE is located in LIFTON, in the PL16 postcode district. The below map shows the position of No. 16 on PARK WOOD RISE.