2, HOLLY PARK CLOSE, PLYMOUTH, PL5 4JY - £288,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HOLLY PARK CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £350,506. It was last sold for £288,000 in September 2020, which was around 12% below the average September 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

2 HOLLY PARK CLOSE Sold Prices

Land registry data shows two sales for 2 HOLLY PARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. Both of the two 2 HOLLY PARK CLOSE 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
2020 11 SEP	£288,000	£325,675	12% below HPI
2011 16 DEC	£205,000	£239,954	15% below HPI

2 HOLLY PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 2 HOLLY PARK CLOSE sales from December 2011 and September 2020 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 HOLLY PARK CLOSE be worth now?

2 HOLLY PARK CLOSE might now be worth an estimated £350,506.

This is based on house price inflation of 21.7%, between September 2020 and February 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 2 HOLLY PARK CLOSE of £288,000 on 11th September 2020. For the value to have increased from £288,000 to £350,506 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 HOLLY PARK CLOSE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The September 2020 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLY PARK CLOSE has not materially changed since September 2020.

How Large is 2 HOLLY PARK CLOSE?

2 HOLLY PARK CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 2 HOLLY PARK CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 HOLLY PARK CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 HOLLY PARK CLOSE: Plot and Title Map

2 HOLLY PARK CLOSE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 2 HOLLY PARK CLOSE, 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 2 HOLLY PARK CLOSE). 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 2 HOLLY PARK CLOSE?

2 HOLLY PARK CLOSE is located in PLYMOUTH, in the PL5 postcode district. The below map shows the position of No. 2 on HOLLY PARK CLOSE.