148, CLEEVE DRIVE, IVYBRIDGE, PL21 9DD - £248,000

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.

148 CLEEVE DRIVE is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £386,890. It was last sold for £248,000 in March 2014, which was around 34% below the average March 2014 detached price in the South Hams local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

148 CLEEVE DRIVE Sold Prices

Land registry data shows three sales for 148 CLEEVE DRIVE 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 148 CLEEVE DRIVE 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
2014 28 MAR	£248,000	£374,179	34% below HPI
2010 16 APR	£258,000	£380,106	32% below HPI
2001 23 NOV	£123,000	£205,195	40% below HPI

148 CLEEVE DRIVE 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 148 CLEEVE DRIVE sales between November 2001 and March 2014 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 April 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 148 CLEEVE DRIVE be worth now?

148 CLEEVE DRIVE might now be worth an estimated £386,890.

This is based on house price inflation of 56%, between March 2014 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 56% inflationary increase is applied to the most recent sale price for 148 CLEEVE DRIVE of £248,000 on 28th March 2014. For the value to have increased from £248,000 to £386,890 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 148 CLEEVE DRIVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The March 2014 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 148 CLEEVE DRIVE has not materially changed since March 2014.

How Large is 148 CLEEVE DRIVE?

148 CLEEVE DRIVE is 70m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% 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 148 CLEEVE DRIVE lies on this distribution: 3% of detached houses houses are smaller than 148 CLEEVE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

148 CLEEVE DRIVE: Plot and Title Map

148 CLEEVE DRIVE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 148 CLEEVE DRIVE, 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 148 CLEEVE DRIVE). 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 148 CLEEVE DRIVE?

148 CLEEVE DRIVE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 148 on CLEEVE DRIVE.