PARK VIEW, PARRACOMBE, BARNSTAPLE, EX31 4QL - £372,000

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

PARK VIEW is a small detached house of 116m², built sometime between 1950 and 1966. It was last sold for £372,000 in October 2023, which was around 18% below the average October 2023 detached price in the North Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW 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 PARK VIEW 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
2023 2 OCT	£372,000	£455,792	18% below HPI
2020 13 NOV	£365,000	£379,980	4% below HPI

PARK VIEW 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 PARK VIEW sales from November 2020 and October 2023 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 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is PARK VIEW?

PARK VIEW is 116m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Parracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Parracombe, and where PARK VIEW lies on this distribution: 30% of detached houses are smaller than PARK VIEW, and 70% of houses are larger. Note that EPC data is not available for all properties in Parracombe.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located in PARRACOMBE, in the EX31 postcode district. The below map shows the position of PARK VIEW in PARRACOMBE.