8, VEASY PARK, WEMBURY, PLYMOUTH, PL9 0ES - £272,000

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 VEASY PARK is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £272,000 in July 2016, which was around 34% below the average July 2016 detached price in the South Hams local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 VEASY PARK Sold Prices

Land registry data shows two sales for 8 VEASY 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 South Hams local authority area for the corresponding sale date. Both of the two 8 VEASY 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 5 JUL	£272,000	£411,546	34% below HPI
1998 6 MAR	£65,000	£119,173	45% below HPI

8 VEASY PARK 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 two 8 VEASY PARK sales from March 1998 and July 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 March 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 VEASY PARK?

8 VEASY PARK is 61m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Wembury, based on EPC data. The below chart shows the distribution of detached houses by size in Wembury, and where 8 VEASY PARK lies on this distribution: 4% of detached houses are smaller than 8 VEASY PARK, and 96% of houses are larger. Note that EPC data is not available for all properties in Wembury.

8 VEASY PARK: Plot and Title Map

8 VEASY PARK sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 8 VEASY 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 VEASY 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 VEASY PARK?

8 VEASY PARK is located in WEMBURY, in the PL9 postcode district. The below map shows the position of No. 8 on VEASY PARK.