6, PARK ROAD, LIFTON, PL16 0BL - £240,000

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

6 PARK ROAD is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2018, which was around 29% below the average May 2018 detached price in the West 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.

6 PARK ROAD Sold Prices

Land registry data shows four sales for 6 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the four 6 PARK ROAD 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 8 MAY	£240,000	£339,488	29% below HPI
2016 1 JUN	£237,000	£316,323	25% below HPI
2009 26 NOV	£200,000	£273,777	27% below HPI
2000 19 JUN	£89,000	£131,161	32% below HPI

6 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The four 6 PARK ROAD sales between June 2000 and May 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 PARK ROAD?

6 PARK ROAD is 103m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Lifton, based on EPC data. The below chart shows the distribution of detached houses by size in Lifton, and where 6 PARK ROAD lies on this distribution: 31% of detached houses are smaller than 6 PARK ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lifton.

6 PARK ROAD: Plot and Title Map

6 PARK ROAD sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 6 PARK ROAD, 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 6 PARK ROAD). 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 6 PARK ROAD?

6 PARK ROAD is located in LIFTON, in the PL16 postcode district. The below map shows the position of No. 6 on PARK ROAD.