2, STONESCLOSE, MODBURY, IVYBRIDGE, PL21 0RZ - £495,000

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 STONESCLOSE is a very large detached house of 176m², built sometime between 1991 and 1995. It was last sold for £495,000 in January 2019, which was around 6% above the average January 2019 detached price in the South Hams local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

2 STONESCLOSE Sold Prices

Land registry data shows four sales for 2 STONESCLOSE 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 STONESCLOSE sales were for above 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 11 JAN	£495,000	£468,272	6% above HPI
2012 26 OCT	£430,000	£375,075	15% above HPI
2001 12 JAN	£199,500	£162,213	23% above HPI
2000 5 MAY	£155,000	£147,978	5% above HPI

2 STONESCLOSE 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 STONESCLOSE sales between May 2000 and January 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 October 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 STONESCLOSE?

2 STONESCLOSE is 176m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% 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 STONESCLOSE lies on this distribution: 84% of detached houses are smaller than 2 STONESCLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Modbury.

2 STONESCLOSE: Plot and Title Map

2 STONESCLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 2 STONESCLOSE, 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 STONESCLOSE). 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 STONESCLOSE?

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