11, MEAD CLOSE, IVYBRIDGE, PL21 9RW - £289,950

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

11 MEAD CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £289,950 in January 2021, which was around 42% below the average January 2021 detached price in the South Hams local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

11 MEAD CLOSE Sold Prices

Land registry data shows three sales for 11 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 11 MEAD 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
2021 15 JAN	£289,950	£502,437	42% below HPI
2019 2 AUG	£268,000	£434,978	38% below HPI
2012 13 JUL	£205,000	£374,551	45% below HPI

11 MEAD 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 three 11 MEAD CLOSE sales between July 2012 and January 2021 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 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 11 MEAD CLOSE?

11 MEAD CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 11 MEAD CLOSE lies on this distribution: 49% of detached houses are smaller than 11 MEAD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

11 MEAD CLOSE: Plot and Title Map

11 MEAD CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 11 MEAD 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 11 MEAD 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 11 MEAD CLOSE?

11 MEAD CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 11 on MEAD CLOSE.