23, SPRING PARK, PLYMOUTH, PL6 7SL - £220,000

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 SPRING PARK is a large extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £220,000 in July 2008, which was around 42% below the average July 2008 detached price in the South Hams local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

23 SPRING PARK Sold Prices

Land registry data shows two sales for 23 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 23 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
2008 4 JUL	£220,000	£381,591	42% below HPI
2004 20 FEB	£194,950	£303,751	36% below HPI

23 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 23 SPRING PARK sales from February 2004 and July 2008 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 February 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2008 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 23 SPRING PARK be worth now?

23 SPRING PARK might now be worth an estimated £331,889.

This is based on house price inflation of 50.9%, between July 2008 and December 2024, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.9% inflationary increase is applied to the most recent sale price for 23 SPRING PARK of £220,000 on 4th July 2008. For the value to have increased from £220,000 to £331,889 over the fifteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 23 SPRING PARK has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 2008 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRING PARK has not materially changed since July 2008.

How Large is 23 SPRING PARK?

23 SPRING PARK is 127m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 23 SPRING PARK lies on this distribution: 63% of detached houses houses are smaller than 23 SPRING PARK, and 36% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

23 SPRING PARK: Plot and Title Map

23 SPRING PARK sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 23 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 23 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 23 SPRING PARK?

23 SPRING PARK is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 23 on SPRING PARK.