38, BERKELEY WAY, IVYBRIDGE, PL21 0YD - £272,000

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

38 BERKELEY WAY is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £272,000 in March 2024, which was around 51% below the average March 2024 detached price in the South Hams local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

38 BERKELEY WAY Sold Prices

Land registry data shows four sales for 38 BERKELEY WAY 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 38 BERKELEY WAY 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 8 MAR	£272,000	£557,690	51% below HPI
2022 27 OCT	£272,500	£604,311	55% below HPI
2001 1 JUN	£105,000	£190,538	45% below HPI
1998 29 MAY	£78,500	£119,680	34% below HPI

38 BERKELEY WAY 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 38 BERKELEY WAY sales between May 1998 and March 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 October 2022 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2024 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 38 BERKELEY WAY?

38 BERKELEY WAY is 80m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 38 BERKELEY WAY lies on this distribution: 10% of detached houses are smaller than 38 BERKELEY WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

38 BERKELEY WAY: Plot and Title Map

38 BERKELEY WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 38 BERKELEY WAY, 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 38 BERKELEY WAY). 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 38 BERKELEY WAY?

38 BERKELEY WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 38 on BERKELEY WAY.