2, KINGS PARK, CHULMLEIGH, EX18 7DJ - £228,000

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 KINGS PARK is a small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £311,801. It was last sold for £228,000 in November 2016, which was around 30% below the average November 2016 detached price in the North Devon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

2 KINGS PARK Sold Prices

Land registry data shows two sales for 2 KINGS 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 North Devon local authority area for the corresponding sale date. Both of the two 2 KINGS 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 25 NOV	£228,000	£325,501	30% below HPI
1998 28 AUG	£82,500	£97,531	15% below HPI

2 KINGS PARK 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 two 2 KINGS PARK sales from August 1998 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 August 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 KINGS PARK be worth now?

2 KINGS PARK might now be worth an estimated £311,801.

This is based on house price inflation of 36.8%, between November 2016 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 2 KINGS PARK of £228,000 on 25th November 2016. For the value to have increased from £228,000 to £311,801 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 KINGS PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The November 2016 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KINGS PARK has not materially changed since November 2016.

How Large is 2 KINGS PARK?

2 KINGS PARK is 88m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses houses in Chulmleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chulmleigh, and where 2 KINGS PARK lies on this distribution: 26% of detached houses houses are smaller than 2 KINGS PARK, and 70% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

2 KINGS PARK: Plot and Title Map

2 KINGS PARK sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 KINGS 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 2 KINGS 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 2 KINGS PARK?

2 KINGS PARK is located in CHULMLEIGH, in the EX18 postcode district. The below map shows the position of No. 2 on KINGS PARK.