14, PARK WAY, ILFRACOMBE, EX34 8ER - £225,000

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

14 PARK WAY is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £225,000 in December 2018, which was around 33% below the average December 2018 detached price in the North Devon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

14 PARK WAY Sold Prices

Land registry data shows four sales for 14 PARK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 14 PARK WAY 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
2018 20 DEC	£225,000	£337,524	33% below HPI
2000 12 DEC	£97,000	£126,726	23% below HPI
1996 17 DEC	£59,000	£78,580	25% below HPI
1996 22 AUG	£59,000	£76,110	22% below HPI

14 PARK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The four 14 PARK WAY sales between August 1996 and December 2018 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 December 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 14 PARK WAY?

14 PARK WAY is 70m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where 14 PARK WAY lies on this distribution: 15% of detached houses are smaller than 14 PARK WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

14 PARK WAY: Plot and Title Map

14 PARK WAY sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 14 PARK WAY, 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 14 PARK WAY). 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 14 PARK WAY?

14 PARK WAY is located in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of No. 14 on PARK WAY.