8, PARKS DRIVE, PLYMOUTH, PL9 9FG - £320,000

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.

8 PARKS DRIVE is a large detached house of 128m², which could now be worth an estimated £399,505. It was last sold for £320,000 in December 2018, which was around 31% below the average December 2018 detached price in the South Hams local authority area. The most recent EPC inspection was September 2009, where the current energy rating was B, and the potential energy rating was B.

8 PARKS DRIVE Sold Prices

Land registry data shows three sales for 8 PARKS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 8 PARKS DRIVE 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 17 DEC	£320,000	£461,530	31% below HPI
2017 13 OCT	£312,500	£442,837	29% below HPI
2009 30 SEP	£249,995	£342,149	27% below HPI

8 PARKS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 8 PARKS DRIVE sales between September 2009 and December 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 October 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 PARKS DRIVE be worth now?

8 PARKS DRIVE might now be worth an estimated £399,505.

This is based on house price inflation of 24.8%, between December 2018 and March 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 8 PARKS DRIVE of £320,000 on 17th December 2018. For the value to have increased from £320,000 to £399,505 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 8 PARKS DRIVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The December 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARKS DRIVE has not materially changed since December 2018.

How Large is 8 PARKS DRIVE?

8 PARKS DRIVE is 128m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 8 PARKS DRIVE lies on this distribution: 65% of detached houses houses are smaller than 8 PARKS DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

8 PARKS DRIVE: Plot and Title Map

8 PARKS DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 8 PARKS DRIVE, 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 PARKS DRIVE). 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 PARKS DRIVE?

8 PARKS DRIVE is located in PLYMOUTH, in the PL9 postcode district. The below map shows the position of No. 8 on PARKS DRIVE.