3, TOLLBAR CLOSE, IVYBRIDGE, PL21 0JW - £142,500

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 TOLLBAR CLOSE is a small detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £469,371. It was last sold for £142,500 in April 2001, which was around 18% below the average April 2001 detached price in the South Hams local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 TOLLBAR CLOSE Sold Prices

Land registry data shows two sales for 3 TOLLBAR CLOSE 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 3 TOLLBAR 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
2001 6 APR	£142,500	£174,770	18% below HPI
1996 9 AUG	£85,000	£100,380	15% below HPI

3 TOLLBAR 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 two 3 TOLLBAR CLOSE sales from August 1996 and April 2001 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 August 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2001 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 TOLLBAR CLOSE be worth now?

3 TOLLBAR CLOSE might now be worth an estimated £469,371.

This is based on house price inflation of 229.4%, between April 2001 and December 2024, 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 229.4% inflationary increase is applied to the most recent sale price for 3 TOLLBAR CLOSE of £142,500 on 6th April 2001. For the value to have increased from £142,500 to £469,371 over the 22 years and four months to December 2024, the following assumptions must hold true:

• The value of 3 TOLLBAR CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The April 2001 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 3 TOLLBAR CLOSE has not materially changed since April 2001.

How Large is 3 TOLLBAR CLOSE?

3 TOLLBAR CLOSE is 103m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 3 TOLLBAR CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 TOLLBAR CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

3 TOLLBAR CLOSE: Plot and Title Map

3 TOLLBAR CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 3 TOLLBAR 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 TOLLBAR 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 TOLLBAR CLOSE?

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