2, CANTERBURY CLOSE, IVYBRIDGE, PL21 0YG - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CANTERBURY CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £395,735. It was last sold for £395,000 in October 2024, which was around 32% below the average October 2024 detached price in the South Hams local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

2 CANTERBURY CLOSE Sold Prices

Land registry data shows four sales for 2 CANTERBURY 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 2 CANTERBURY 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 29 OCT	£395,000	£582,651	32% below HPI
2009 13 NOV	£250,000	£362,398	31% below HPI
2004 27 AUG	£248,000	£317,525	22% below HPI
1999 26 FEB	£101,000	£123,759	18% below HPI

2 CANTERBURY 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 2 CANTERBURY CLOSE sales between February 1999 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 November 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 CANTERBURY CLOSE be worth now?

2 CANTERBURY CLOSE might now be worth an estimated £395,735.

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 2 CANTERBURY CLOSE of £395,000 on 29th October 2024. For the value to have increased from £395,000 to £395,735 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 2 CANTERBURY CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The October 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CANTERBURY CLOSE has not materially changed since October 2024.

How Large is 2 CANTERBURY CLOSE?

2 CANTERBURY CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% 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 2 CANTERBURY CLOSE lies on this distribution: 72% of detached houses houses are smaller than 2 CANTERBURY CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

2 CANTERBURY CLOSE: Plot and Title Map

2 CANTERBURY CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 2 CANTERBURY 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 2 CANTERBURY 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 2 CANTERBURY CLOSE?

2 CANTERBURY CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 2 on CANTERBURY CLOSE.