1, PARK ROAD, HATHERLEIGH, OKEHAMPTON, EX20 3JS - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PARK ROAD is a small extended detached house of 94m², built sometime before 1900. It was last sold for £275,000 in September 2022, which was around 40% below the average September 2022 detached price in the West Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

1 PARK ROAD Sold Prices

Land registry data shows two sales for 1 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two 1 PARK ROAD 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 2 SEP	£275,000	£461,794	40% below HPI
2021 29 SEP	£250,000	£399,465	37% below HPI

1 PARK ROAD 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 two 1 PARK ROAD sales from September 2021 and September 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 September 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 PARK ROAD?

1 PARK ROAD is 94m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Hatherleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hatherleigh, and where 1 PARK ROAD lies on this distribution: 35% of detached houses are smaller than 1 PARK ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Hatherleigh.

1 PARK ROAD: Plot and Title Map

1 PARK ROAD sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 1 PARK ROAD, 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 1 PARK ROAD). 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 1 PARK ROAD?

1 PARK ROAD is located in HATHERLEIGH, in the EX20 postcode district. The below map shows the position of No. 1 on PARK ROAD.