2, CARTER ROAD, IVYBRIDGE, PL21 0RX - £350,000

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.

2 CARTER ROAD is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £437,009. It was last sold for £350,000 in September 2019, which was around 25% below the average September 2019 detached price in the South Hams local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was A.

2 CARTER ROAD Sold Prices

Land registry data shows four sales for 2 CARTER ROAD 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 CARTER ROAD 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
2019 6 SEP	£350,000	£467,513	25% below HPI
2015 22 MAY	£295,000	£400,174	26% below HPI
2009 20 JUL	£243,000	£329,081	26% below HPI
2006 13 NOV	£265,000	£359,229	26% below HPI

2 CARTER ROAD 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 CARTER ROAD sales between November 2006 and September 2019 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 May 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 CARTER ROAD be worth now?

2 CARTER ROAD might now be worth an estimated £437,009.

This is based on house price inflation of 24.9%, between September 2019 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 24.9% inflationary increase is applied to the most recent sale price for 2 CARTER ROAD of £350,000 on 6th September 2019. For the value to have increased from £350,000 to £437,009 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CARTER ROAD has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CARTER ROAD has not materially changed since September 2019.

How Large is 2 CARTER ROAD?

2 CARTER ROAD is 110m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 CARTER ROAD lies on this distribution: 48% of detached houses houses are smaller than 2 CARTER ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

2 CARTER ROAD: Plot and Title Map

2 CARTER ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 2 CARTER ROAD, 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 CARTER ROAD). 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 CARTER ROAD?

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