1, PRIORY CLOSE, IVYBRIDGE, PL21 9JG - £357,000

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 PRIORY CLOSE is a large extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £355,917. It was last sold for £357,000 in September 2023, which was around 39% below the average September 2023 detached price in the South Hams local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

1 PRIORY CLOSE Sold Prices

Land registry data shows four sales for 1 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four 1 PRIORY 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
2023 1 SEP	£357,000	£585,512	39% below HPI
2017 31 AUG	£288,000	£435,407	34% below HPI
2014 19 JUN	£215,000	£396,721	46% below HPI
2001 23 AUG	£130,950	£193,241	32% below HPI

1 PRIORY 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 four 1 PRIORY CLOSE sales between August 2001 and September 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 August 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 PRIORY CLOSE be worth now?

1 PRIORY CLOSE might now be worth an estimated £355,917.

This is based on house price deflation of 0.3%, between September 2023 and February 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 0.3% deflationary decrease is applied to the most recent sale price for 1 PRIORY CLOSE of £357,000 on 1st September 2023. For the value to have decreased from £357,000 to £355,917 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 PRIORY CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2023 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRIORY CLOSE has not materially changed since September 2023.

How Large is 1 PRIORY CLOSE?

1 PRIORY CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 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 PRIORY CLOSE lies on this distribution: 66% of detached houses houses are smaller than 1 PRIORY CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

1 PRIORY CLOSE: Plot and Title Map

1 PRIORY CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 1 PRIORY 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 PRIORY 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 PRIORY CLOSE?

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