3, PARK WAY, ILFRACOMBE, EX34 8ER - £330,000

3 PARK WAY is a small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £330,000 in February 2023, which was around 24% below the average February 2023 detached price in the North Devon local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

3 PARK WAY Sold Prices

Land registry data shows two sales for 3 PARK WAY 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 3 PARK WAY 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
2023 17 FEB	£330,000	£436,510	24% below HPI
1995 3 FEB	£51,000	£73,993	31% below HPI

3 PARK WAY 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 3 PARK WAY sales from February 1995 and February 2023 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 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 PARK WAY?

3 PARK WAY is 79m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where 3 PARK WAY lies on this distribution: 28% of detached houses are smaller than 3 PARK WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

3 PARK WAY: Plot and Title Map

3 PARK WAY sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 3 PARK WAY, 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 3 PARK WAY). 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 3 PARK WAY?

3 PARK WAY is located in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of No. 3 on PARK WAY.