3, THE SPINNEY, WOODLANDS, IVYBRIDGE, PL21 9TU - £290,000

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

3 THE SPINNEY is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £290,000 in December 2014, which was around 29% below the average December 2014 detached price in the South Hams local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

3 THE SPINNEY Sold Prices

Land registry data shows four sales for 3 THE SPINNEY 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 3 THE SPINNEY 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
2014 12 DEC	£290,000	£407,155	29% below HPI
2007 11 JUN	£305,000	£377,299	19% below HPI
2003 19 DEC	£194,000	£276,758	30% below HPI
1998 31 JUL	£82,000	£117,454	30% below HPI

3 THE SPINNEY 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 3 THE SPINNEY sales between July 1998 and December 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 June 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 THE SPINNEY?

3 THE SPINNEY is 111m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 3 THE SPINNEY lies on this distribution: 49% of detached houses are smaller than 3 THE SPINNEY, and 51% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

3 THE SPINNEY: Plot and Title Map

3 THE SPINNEY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

3 THE SPINNEY is located in WOODLANDS, in the PL21 postcode district. The below map shows the position of No. 3 on THE SPINNEY.