3, CHARLES HANKIN CLOSE, IVYBRIDGE, PL21 0WF - £577,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHARLES HANKIN CLOSE is a very large extended detached house of 227m², built sometime between 1996 and 2002, which could now be worth an estimated £898,580. It was last sold for £577,500 in February 2014, which was around 54% above the average February 2014 detached price in the South Hams local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 CHARLES HANKIN CLOSE Sold Prices

Land registry data shows three sales for 3 CHARLES HANKIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 3 CHARLES HANKIN CLOSE 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
2014 14 FEB	£577,500	£375,155	54% above HPI
2003 21 NOV	£405,000	£277,453	46% above HPI
2001 19 DEC	£290,000	£199,089	46% above HPI

3 CHARLES HANKIN CLOSE 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 three 3 CHARLES HANKIN CLOSE sales between December 2001 and February 2014 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 November 2003 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2014 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 3 CHARLES HANKIN CLOSE be worth now?

3 CHARLES HANKIN CLOSE might now be worth an estimated £898,580.

This is based on house price inflation of 55.6%, between February 2014 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 55.6% inflationary increase is applied to the most recent sale price for 3 CHARLES HANKIN CLOSE of £577,500 on 14th February 2014. For the value to have increased from £577,500 to £898,580 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 3 CHARLES HANKIN CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The February 2014 sale price of £577,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHARLES HANKIN CLOSE has not materially changed since February 2014.

How Large is 3 CHARLES HANKIN CLOSE?

3 CHARLES HANKIN CLOSE is 227m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 3 CHARLES HANKIN CLOSE lies on this distribution: 98% of detached houses houses are smaller than 3 CHARLES HANKIN CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

3 CHARLES HANKIN CLOSE: Plot and Title Map

3 CHARLES HANKIN CLOSE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 3 CHARLES HANKIN 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 3 CHARLES HANKIN 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.

Where is 3 CHARLES HANKIN CLOSE?

3 CHARLES HANKIN CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 3 on CHARLES HANKIN CLOSE.