11, THE ORCHARD, MODBURY, IVYBRIDGE, PL21 0NQ - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 THE ORCHARD is a very small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £425,000 in December 2021, which was around 23% below the average December 2021 detached price in the South Hams local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

11 THE ORCHARD Sold Prices

Land registry data shows two sales for 11 THE ORCHARD 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 11 THE ORCHARD 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 17 DEC	£425,000	£552,016	23% below HPI
2006 9 NOV	£296,000	£352,511	16% below HPI

11 THE ORCHARD 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 11 THE ORCHARD sales from November 2006 and December 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 November 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 11 THE ORCHARD?

11 THE ORCHARD is 97m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where 11 THE ORCHARD lies on this distribution: 18% of detached houses are smaller than 11 THE ORCHARD, and 82% of houses are larger. Note that EPC data is not available for all properties in Modbury.

11 THE ORCHARD: Plot and Title Map

11 THE ORCHARD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 11 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

11 THE ORCHARD is located in MODBURY, in the PL21 postcode district. The below map shows the position of No. 11 on THE ORCHARD.