12, PARK LANE, EXETER, EX4 9HL - £350,000

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

12 PARK LANE is a small detached house of 106m², built sometime between 1930 and 1949. It was last sold for £350,000 in May 2019, which was around 22% below the average May 2019 detached price in the Exeter local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

12 PARK LANE Sold Prices

Land registry data shows two sales for 12 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Both of the two 12 PARK LANE 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
2019 28 MAY	£350,000	£450,471	22% below HPI
2005 8 JUL	£234,250	£295,727	21% below HPI

12 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two 12 PARK LANE sales from July 2005 and May 2019 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 PARK LANE?

12 PARK LANE is 106m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 12 PARK LANE lies on this distribution: 38% of detached houses are smaller than 12 PARK LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Exeter.

12 PARK LANE: Plot and Title Map

12 PARK LANE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 12 PARK LANE, 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 12 PARK LANE). 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 12 PARK LANE?

12 PARK LANE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 12 on PARK LANE.