22, SHORTLANDS WAY, IVYBRIDGE, PL21 0GL - £374,995

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.

22 SHORTLANDS WAY is a large detached house of 122m², which could now be worth an estimated £456,954. It was last sold for £374,995 in October 2019, which was around 22% below the average October 2019 detached price in the South Hams local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

22 SHORTLANDS WAY Sold Prices

Land registry data shows two sales for 22 SHORTLANDS WAY 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 22 SHORTLANDS WAY sales was for below the average price, whilst the other was 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 1 OCT	£374,995	£479,037	22% below HPI
2016 3 OCT	£3,150,000	£422,630	645% above HPI

22 SHORTLANDS WAY 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 22 SHORTLANDS WAY sales from October 2016 and October 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 2016 sale was for 645% above the HPI. So the extrapolation line tracks at 645% above the HPI over time, until the October 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 22 SHORTLANDS WAY be worth now?

22 SHORTLANDS WAY might now be worth an estimated £456,954.

This is based on house price inflation of 21.9%, between October 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 21.9% inflationary increase is applied to the most recent sale price for 22 SHORTLANDS WAY of £374,995 on 1st October 2019. For the value to have increased from £374,995 to £456,954 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 SHORTLANDS WAY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The October 2019 sale price of £374,995 represented a fair market value for the property.
• The size, condition, and specification of 22 SHORTLANDS WAY has not materially changed since October 2019.

How Large is 22 SHORTLANDS WAY?

22 SHORTLANDS WAY is 122m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% 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 22 SHORTLANDS WAY lies on this distribution: 67% of detached houses houses are smaller than 22 SHORTLANDS WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

22 SHORTLANDS WAY: Plot and Title Map

22 SHORTLANDS WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 22 SHORTLANDS WAY, 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 22 SHORTLANDS WAY). 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 22 SHORTLANDS WAY?

22 SHORTLANDS WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 22 on SHORTLANDS WAY.