Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
40 ELM TREE PARK is a midsized extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £376,000 in August 2016, which was around 8% below the average August 2016 detached price in the South Hams local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 ELM TREE PARK since 1st 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 40 ELM TREE 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 |
---|---|---|---|
2016 1 AUG | £376,000 | £410,819 | 8% below HPI |
2004 5 JUL | £219,000 | £302,866 | 28% below HPI |
The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 40 ELM TREE PARK sales from July 2004 and August 2016 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 July 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
40 ELM TREE PARK is 140m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Yealmpton, based on EPC data. The below chart shows the distribution of detached houses by size in Yealmpton, and where 40 ELM TREE PARK lies on this distribution: 59% of detached houses are smaller than 40 ELM TREE PARK, and 39% of houses are larger. Note that EPC data is not available for all properties in Yealmpton.
40 ELM TREE PARK sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 40 ELM TREE 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 40 ELM TREE 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.
40 ELM TREE PARK is located in YEALMPTON, in the PL8 postcode district. The below map shows the position of No. 40 on ELM TREE PARK.