2, CROMWELL PARK, MODBURY, IVYBRIDGE, PL21 0RS - £427,000

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

2 CROMWELL PARK is a midsized extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £427,000 in January 2016, which was about the average January 2016 detached price in the South Hams local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 CROMWELL PARK Sold Prices

Land registry data shows two sales for 2 CROMWELL PARK 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. One of the two 2 CROMWELL PARK sales was roughly equal to the average price, whilst the other was 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
2016 4 JAN	£427,000	£426,105	Close to HPI
2001 14 SEP	£195,000	£201,061	3% below HPI

2 CROMWELL PARK 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 2 CROMWELL PARK sales from September 2001 and January 2016 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 September 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 CROMWELL PARK?

2 CROMWELL PARK is 137m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where 2 CROMWELL PARK lies on this distribution: 55% of detached houses are smaller than 2 CROMWELL PARK, and 45% of houses are larger. Note that EPC data is not available for all properties in Modbury.

2 CROMWELL PARK: Plot and Title Map

2 CROMWELL PARK sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 2 CROMWELL PARK, 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 CROMWELL PARK). 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 CROMWELL PARK?

2 CROMWELL PARK is located in MODBURY, in the PL21 postcode district. The below map shows the position of No. 2 on CROMWELL PARK.