12, BUDDLE CLOSE, IVYBRIDGE, PL21 0JU - £342,000

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.

12 BUDDLE CLOSE is a small detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £390,480. It was last sold for £342,000 in September 2021, which was around 33% below the average September 2021 detached price in the South Hams local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

12 BUDDLE CLOSE Sold Prices

Land registry data shows two sales for 12 BUDDLE 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 12 BUDDLE 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 6 SEP	£342,000	£511,261	33% below HPI
2017 18 AUG	£281,000	£435,407	35% below HPI

12 BUDDLE 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 12 BUDDLE CLOSE sales from August 2017 and September 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 12 BUDDLE CLOSE be worth now?

12 BUDDLE CLOSE might now be worth an estimated £390,480.

This is based on house price inflation of 14.2%, between September 2021 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 14.2% inflationary increase is applied to the most recent sale price for 12 BUDDLE CLOSE of £342,000 on 6th September 2021. For the value to have increased from £342,000 to £390,480 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 BUDDLE CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2021 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BUDDLE CLOSE has not materially changed since September 2021.

How Large is 12 BUDDLE CLOSE?

12 BUDDLE CLOSE is 99m² according to the EPC inspection conducted in November 2020. 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 12 BUDDLE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 12 BUDDLE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

12 BUDDLE CLOSE: Plot and Title Map

12 BUDDLE CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 12 BUDDLE 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 12 BUDDLE 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 12 BUDDLE CLOSE?

12 BUDDLE CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 12 on BUDDLE CLOSE.