27, PADDOCK DRIVE, IVYBRIDGE, PL21 0UB - £184,000

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.

27 PADDOCK DRIVE is a very small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £298,994. It was last sold for £184,000 in November 2006, which was around 49% below the average November 2006 detached price in the South Hams local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

27 PADDOCK DRIVE Sold Prices

Land registry data shows two sales for 27 PADDOCK DRIVE 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. Both of the two 27 PADDOCK 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
2006 23 NOV	£184,000	£359,229	49% below HPI
2001 7 SEP	£93,000	£204,893	55% below HPI

27 PADDOCK DRIVE 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 27 PADDOCK DRIVE sales from September 2001 and November 2006 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 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2006 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 27 PADDOCK DRIVE be worth now?

27 PADDOCK DRIVE might now be worth an estimated £298,994.

This is based on house price inflation of 62.5%, between November 2006 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 62.5% inflationary increase is applied to the most recent sale price for 27 PADDOCK DRIVE of £184,000 on 23rd November 2006. For the value to have increased from £184,000 to £298,994 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 27 PADDOCK DRIVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The November 2006 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PADDOCK DRIVE has not materially changed since November 2006.

How Large is 27 PADDOCK DRIVE?

27 PADDOCK DRIVE is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 27 PADDOCK DRIVE lies on this distribution: 6% of detached houses houses are smaller than 27 PADDOCK DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

27 PADDOCK DRIVE: Plot and Title Map

27 PADDOCK DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 27 PADDOCK 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 27 PADDOCK 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 27 PADDOCK DRIVE?

27 PADDOCK DRIVE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 27 on PADDOCK DRIVE.