CROSS PARK, CROSSMEAD, LYNTON, EX35 6DG - £335,000

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.

CROSS PARK is a large detached house of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £344,739. It was last sold for £335,000 in April 2022, which was around 23% below the average April 2022 detached price in the North Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was F, and the potential energy rating was C.

CROSS PARK Sold Prices

Land registry data shows two sales for CROSS 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 North Devon local authority area for the corresponding sale date. Both of the two CROSS 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
2022 11 APR	£335,000	£432,564	23% below HPI
1998 6 MAR	£75,000	£91,324	18% below HPI

CROSS PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two CROSS PARK sales from March 1998 and April 2022 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might CROSS PARK be worth now?

CROSS PARK might now be worth an estimated £344,739.

This is based on house price inflation of 2.9%, between April 2022 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for CROSS PARK of £335,000 on 11th April 2022. For the value to have increased from £335,000 to £344,739 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of CROSS PARK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The April 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of CROSS PARK has not materially changed since April 2022.

How Large is CROSS PARK?

CROSS PARK is 140m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Lynton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lynton, and where CROSS PARK lies on this distribution: 65% of detached houses houses are smaller than CROSS PARK, and 35% of houses are larger. Note that EPC data is not available for all properties in Lynton.

CROSS PARK: Plot and Title Map

CROSS PARK sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of CROSS 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 CROSS 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 CROSS PARK?

CROSS PARK is located on CROSSMEAD in LYNTON, in the EX35 postcode district. The below map shows the position of CROSS PARK on CROSSMEAD.