Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 WORTHELE CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £229,950 in December 2015, which was around 45% below the average December 2015 detached price in the South Hams local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 WORTHELE CLOSE since 1st 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 WORTHELE 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 |
---|---|---|---|
2015 4 DEC | £229,950 | £421,649 | 45% below HPI |
2013 14 JAN | £181,000 | £367,548 | 51% below HPI |
2002 5 JUN | £125,500 | £215,380 | 42% below HPI |
1999 30 APR | £75,500 | £124,755 | 39% below HPI |
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 WORTHELE CLOSE sales between April 1999 and December 2015 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 January 2013 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2015 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.
2 WORTHELE CLOSE is 95m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 2 WORTHELE CLOSE lies on this distribution: 31% of detached houses are smaller than 2 WORTHELE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.
2 WORTHELE CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 WORTHELE 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 WORTHELE 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.
2 WORTHELE CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 2 on WORTHELE CLOSE.