1, SPRINGWOOD CLOSE, IVYBRIDGE, PL21 0ND - £455,000

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 SPRINGWOOD CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £455,847. It was last sold for £455,000 in October 2024, which was around 22% below the average October 2024 detached price in the South Hams local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

1 SPRINGWOOD CLOSE Sold Prices

Land registry data shows four sales for 1 SPRINGWOOD 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 SPRINGWOOD 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
2024 23 OCT	£455,000	£582,651	22% below HPI
2015 26 OCT	£335,000	£419,510	20% below HPI
2010 5 AUG	£278,000	£377,013	26% below HPI
2004 10 SEP	£270,000	£335,551	20% below HPI

1 SPRINGWOOD 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 SPRINGWOOD CLOSE sales between September 2004 and October 2024 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 October 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 SPRINGWOOD CLOSE be worth now?

1 SPRINGWOOD CLOSE might now be worth an estimated £455,847.

This is based on house price inflation of 0.2%, between October 2024 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 0.2% inflationary increase is applied to the most recent sale price for 1 SPRINGWOOD CLOSE of £455,000 on 23rd October 2024. For the value to have increased from £455,000 to £455,847 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGWOOD CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The October 2024 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGWOOD CLOSE has not materially changed since October 2024.

How Large is 1 SPRINGWOOD CLOSE?

1 SPRINGWOOD CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 50% 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 SPRINGWOOD CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 SPRINGWOOD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

1 SPRINGWOOD CLOSE: Plot and Title Map

1 SPRINGWOOD CLOSE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 1 SPRINGWOOD 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 SPRINGWOOD 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 SPRINGWOOD CLOSE?

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