3, SPRING PARK, PLYMOUTH, PL6 7SL - £256,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 SPRING PARK is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £256,000 in August 2019, which was around 41% below the average August 2019 detached price in the South Hams local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

3 SPRING PARK Sold Prices

Land registry data shows two sales for 3 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 3 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
2019 16 AUG	£256,000	£434,978	41% below HPI
2000 31 MAY	£84,000	£147,978	43% below HPI

3 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 3 SPRING PARK sales from May 2000 and August 2019 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 May 2000 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 SPRING PARK?

3 SPRING PARK is 76m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 3 SPRING PARK lies on this distribution: 10% of detached houses are smaller than 3 SPRING PARK, and 89% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

3 SPRING PARK: Plot and Title Map

3 SPRING PARK sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 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 3 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 3 SPRING PARK?

3 SPRING PARK is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 3 on SPRING PARK.