23, LAND PARK, CHULMLEIGH, EX18 7BH - £237,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 LAND PARK is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £307,230. It was last sold for £237,500 in December 2017, which was around 29% below the average December 2017 detached price in the North Devon local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

23 LAND PARK Sold Prices

Land registry data shows three sales for 23 LAND PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 23 LAND 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
2017 8 DEC	£237,500	£333,016	29% below HPI
2005 20 JUN	£220,000	£259,660	15% below HPI
1996 19 DEC	£70,000	£80,451	13% below HPI

23 LAND 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 three 23 LAND PARK sales between December 1996 and December 2017 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 June 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 23 LAND PARK be worth now?

23 LAND PARK might now be worth an estimated £307,230.

This is based on house price inflation of 29.4%, between December 2017 and December 2024, 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 29.4% inflationary increase is applied to the most recent sale price for 23 LAND PARK of £237,500 on 8th December 2017. For the value to have increased from £237,500 to £307,230 over the seven years to December 2024, the following assumptions must hold true:

• The value of 23 LAND PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2017 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 23 LAND PARK has not materially changed since December 2017.

How Large is 23 LAND PARK?

23 LAND PARK is 74m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% 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 23 LAND PARK lies on this distribution: 12% of detached houses houses are smaller than 23 LAND PARK, and 87% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

23 LAND PARK: Plot and Title Map

23 LAND PARK sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 23 LAND 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 23 LAND 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 23 LAND PARK?

23 LAND PARK is located in CHULMLEIGH, in the EX18 postcode district. The below map shows the position of No. 23 on LAND PARK.