1, MEATHEREL CLOSE, WOODLANDS, IVYBRIDGE, PL21 9TP - £235,000

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.

1 MEATHEREL CLOSE is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £368,154. It was last sold for £235,000 in May 2013, which was around 36% below the average May 2013 detached price in the South Hams local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was A.

1 MEATHEREL CLOSE Sold Prices

Land registry data shows two sales for 1 MEATHEREL CLOSE 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 1 MEATHEREL CLOSE 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
2013 28 MAY	£235,000	£367,799	36% below HPI
1997 27 MAR	£75,000	£104,436	28% below HPI

1 MEATHEREL CLOSE 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 1 MEATHEREL CLOSE sales from March 1997 and May 2013 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 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 MEATHEREL CLOSE be worth now?

1 MEATHEREL CLOSE might now be worth an estimated £368,154.

This is based on house price inflation of 56.7%, between May 2013 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 56.7% inflationary increase is applied to the most recent sale price for 1 MEATHEREL CLOSE of £235,000 on 28th May 2013. For the value to have increased from £235,000 to £368,154 over the twelve years and two months to March 2025, the following assumptions must hold true:

• The value of 1 MEATHEREL CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The May 2013 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEATHEREL CLOSE has not materially changed since May 2013.

How Large is 1 MEATHEREL CLOSE?

1 MEATHEREL CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ivybridge, and where 1 MEATHEREL CLOSE lies on this distribution: 34% of detached houses houses are smaller than 1 MEATHEREL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

1 MEATHEREL CLOSE: Plot and Title Map

1 MEATHEREL CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 1 MEATHEREL CLOSE, 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 1 MEATHEREL CLOSE). 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 1 MEATHEREL CLOSE?

1 MEATHEREL CLOSE is located in WOODLANDS, in the PL21 postcode district. The below map shows the position of No. 1 on MEATHEREL CLOSE.