35, PARKLANDS, HEMYOCK, CULLOMPTON, EX15 3RY - £262,500

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.

35 PARKLANDS is a midsized extended detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £304,250. It was last sold for £262,500 in October 2018, which was around 28% below the average October 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

35 PARKLANDS Sold Prices

Land registry data shows four sales for 35 PARKLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 35 PARKLANDS 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
2018 29 OCT	£262,500	£363,844	28% below HPI
2012 19 JUN	£245,000	£280,596	13% below HPI
2008 25 APR	£260,000	£292,321	11% below HPI
1995 29 SEP	£60,000	£83,478	28% below HPI

35 PARKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four 35 PARKLANDS sales between September 1995 and October 2018 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 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 35 PARKLANDS be worth now?

35 PARKLANDS might now be worth an estimated £304,250.

This is based on house price inflation of 15.9%, between October 2018 and February 2025, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 35 PARKLANDS of £262,500 on 29th October 2018. For the value to have increased from £262,500 to £304,250 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 35 PARKLANDS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The October 2018 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 35 PARKLANDS has not materially changed since October 2018.

How Large is 35 PARKLANDS?

35 PARKLANDS is 98m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemyock, and where 35 PARKLANDS lies on this distribution: 42% of detached houses houses are smaller than 35 PARKLANDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

35 PARKLANDS: Plot and Title Map

35 PARKLANDS sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 35 PARKLANDS, 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 35 PARKLANDS). 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 35 PARKLANDS?

35 PARKLANDS is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 35 on PARKLANDS.