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

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.

6 PARK ROAD is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £320,134. It was last sold for £240,000 in May 2018, which was around 30% 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	£343,817	30% below HPI
2016 1 JUN	£237,000	£320,357	26% below HPI
2009 26 NOV	£200,000	£277,268	28% below HPI
2000 19 JUN	£89,000	£132,834	33% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 PARK ROAD be worth now?

6 PARK ROAD might now be worth an estimated £320,134.

This is based on house price inflation of 33.4%, between May 2018 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for 6 PARK ROAD of £240,000 on 8th May 2018. For the value to have increased from £240,000 to £320,134 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 6 PARK ROAD has moved in line with the HPI for detached houses in the West Devon local authority area.
• The May 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PARK ROAD has not materially changed since May 2018.

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 houses in Lifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lifton, and where 6 PARK ROAD lies on this distribution: 31% of detached houses 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.