8, MARKERS PARK, PAYHEMBURY, HONITON, EX14 3NL - £275,000

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

8 MARKERS PARK is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2020, which was around 34% below the average July 2020 detached price in the East Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

8 MARKERS PARK Sold Prices

Land registry data shows two sales for 8 MARKERS 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 East Devon local authority area for the corresponding sale date. Both of the two 8 MARKERS 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
2020 14 JUL	£275,000	£418,167	34% below HPI
1996 13 NOV	£87,950	£95,856	8% below HPI

8 MARKERS PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 8 MARKERS PARK sales from November 1996 and July 2020 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 November 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 MARKERS PARK?

8 MARKERS PARK is 77m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses by size in Payhembury, and where 8 MARKERS PARK lies on this distribution: 15% of detached houses are smaller than 8 MARKERS PARK, and 85% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

8 MARKERS PARK: Plot and Title Map

8 MARKERS PARK sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 8 MARKERS 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 8 MARKERS 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 8 MARKERS PARK?

8 MARKERS PARK is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of No. 8 on MARKERS PARK.