32, NEW MEADOW, IVYBRIDGE, PL21 9PT - £525,000

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

32 NEW MEADOW is a very large extended detached house of 157m², built sometime between 1991 and 1995, which could now be worth an estimated £525,839. It was last sold for £525,000 in February 2024, which was around 10% below the average February 2024 detached price in the South Hams local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was C.

32 NEW MEADOW Sold Prices

Land registry data shows three sales for 32 NEW MEADOW 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 32 NEW MEADOW 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
2024 22 FEB	£525,000	£582,804	10% below HPI
2020 10 JAN	£450,000	£469,084	4% below HPI
2007 19 OCT	£355,000	£409,411	13% below HPI

32 NEW MEADOW 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 32 NEW MEADOW sales between October 2007 and February 2024 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 January 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 32 NEW MEADOW be worth now?

32 NEW MEADOW might now be worth an estimated £525,839.

This is based on house price inflation of 0.2%, between February 2024 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 0.2% inflationary increase is applied to the most recent sale price for 32 NEW MEADOW of £525,000 on 22nd February 2024. For the value to have increased from £525,000 to £525,839 over the one year to February 2025, the following assumptions must hold true:

• The value of 32 NEW MEADOW has moved in line with the HPI for detached houses in the South Hams local authority area.
• The February 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 32 NEW MEADOW has not materially changed since February 2024.

How Large is 32 NEW MEADOW?

32 NEW MEADOW is 157m², which includes three extensions, according to the EPC inspection conducted in March 2018. 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 32 NEW MEADOW lies on this distribution: 90% of detached houses houses are smaller than 32 NEW MEADOW, and 9% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

32 NEW MEADOW: Plot and Title Map

32 NEW MEADOW sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 32 NEW MEADOW, 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 32 NEW MEADOW). 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 32 NEW MEADOW?

32 NEW MEADOW is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 32 on NEW MEADOW.