15, SPRING PARK, PLYMOUTH, PL6 7SL - £242,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 SPRING PARK is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £242,000 in November 2016, which was around 43% below the average November 2016 detached price in the South Hams local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

15 SPRING PARK Sold Prices

Land registry data shows two sales for 15 SPRING PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 15 SPRING PARK 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
2016 18 NOV	£242,000	£422,133	43% below HPI
1999 27 SEP	£89,950	£137,094	34% below HPI

15 SPRING PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 15 SPRING PARK sales from September 1999 and November 2016 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 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 15 SPRING PARK?

15 SPRING PARK is 87m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 15 SPRING PARK lies on this distribution: 21% of detached houses are smaller than 15 SPRING PARK, and 78% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

15 SPRING PARK: Plot and Title Map

15 SPRING PARK sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 15 SPRING 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 15 SPRING 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 15 SPRING PARK?

15 SPRING PARK is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 15 on SPRING PARK.