2, MARSHALL DRIVE, IVYBRIDGE, PL21 0UQ - £320,000

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 MARSHALL DRIVE is a small extended semi-detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £322,565. It was last sold for £320,000 in August 2022, which was around 14% below the average August 2022 semi-detached price in the South Hams local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 MARSHALL DRIVE Sold Prices

Land registry data shows two sales for 2 MARSHALL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Hams local authority area for the corresponding sale date. Both of the two 2 MARSHALL 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
2022 26 AUG	£320,000	£373,494	14% below HPI
2016 13 MAY	£195,000	£272,863	29% below HPI

2 MARSHALL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Hams local authority area over time, sourced from the HPI. The two 2 MARSHALL DRIVE sales from May 2016 and August 2022 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 MARSHALL DRIVE be worth now?

2 MARSHALL DRIVE might now be worth an estimated £322,565.

This is based on house price inflation of 0.8%, between August 2022 and February 2025, for semi-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 0.8% inflationary increase is applied to the most recent sale price for 2 MARSHALL DRIVE of £320,000 on 26th August 2022. For the value to have increased from £320,000 to £322,565 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MARSHALL DRIVE has moved in line with the HPI for semi-detached houses in the South Hams local authority area.
• The August 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARSHALL DRIVE has not materially changed since August 2022.

How Large is 2 MARSHALL DRIVE?

2 MARSHALL DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of semi-detached houses houses in Ivybridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ivybridge, and where 2 MARSHALL DRIVE lies on this distribution: 23% of semi-detached houses houses are smaller than 2 MARSHALL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

2 MARSHALL DRIVE: Plot and Title Map

2 MARSHALL DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 MARSHALL 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 2 MARSHALL 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 2 MARSHALL DRIVE?

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