4, SILVERWELL PARK, MODBURY, IVYBRIDGE, PL21 0RJ - £295,000

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

4 SILVERWELL PARK is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £295,000 in January 2015, which was around 29% below the average January 2015 detached price in the South Hams local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

4 SILVERWELL PARK Sold Prices

Land registry data shows three sales for 4 SILVERWELL PARK 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 4 SILVERWELL PARK 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
2015 21 JAN	£295,000	£413,407	29% below HPI
2010 14 JUN	£260,000	£376,471	31% below HPI
1997 17 JUN	£61,000	£110,108	45% below HPI

4 SILVERWELL PARK 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 4 SILVERWELL PARK sales between June 1997 and January 2015 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 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 SILVERWELL PARK?

4 SILVERWELL PARK is 85m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where 4 SILVERWELL PARK lies on this distribution: 10% of detached houses are smaller than 4 SILVERWELL PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Modbury.

4 SILVERWELL PARK: Plot and Title Map

4 SILVERWELL PARK sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 4 SILVERWELL PARK, 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 4 SILVERWELL PARK). 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 4 SILVERWELL PARK?

4 SILVERWELL PARK is located in MODBURY, in the PL21 postcode district. The below map shows the position of No. 4 on SILVERWELL PARK.