5, CHARLES HANKIN CLOSE, IVYBRIDGE, PL21 0WF - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHARLES HANKIN CLOSE is a very large extended detached house of 218m², built sometime between 1996 and 2002, which could now be worth an estimated £719,185. It was last sold for £485,000 in July 2014, which was around 23% above the average July 2014 detached price in the South Hams local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

5 CHARLES HANKIN CLOSE Sold Prices

Land registry data shows three sales for 5 CHARLES HANKIN CLOSE 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 5 CHARLES HANKIN CLOSE sales were for above 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 31 JUL	£485,000	£393,656	23% above HPI
2010 2 AUG	£450,000	£377,013	19% above HPI
2001 18 DEC	£320,000	£199,089	61% above HPI

5 CHARLES HANKIN 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 three 5 CHARLES HANKIN CLOSE sales between December 2001 and July 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 August 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2014 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 CHARLES HANKIN CLOSE be worth now?

5 CHARLES HANKIN CLOSE might now be worth an estimated £719,185.

This is based on house price inflation of 48.3%, between July 2014 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 48.3% inflationary increase is applied to the most recent sale price for 5 CHARLES HANKIN CLOSE of £485,000 on 31st July 2014. For the value to have increased from £485,000 to £719,185 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 5 CHARLES HANKIN CLOSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 2014 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHARLES HANKIN CLOSE has not materially changed since July 2014.

How Large is 5 CHARLES HANKIN CLOSE?

5 CHARLES HANKIN CLOSE is 218m², which includes one extension, according to the EPC inspection conducted in May 2009. 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 5 CHARLES HANKIN CLOSE lies on this distribution: 98% of detached houses houses are smaller than 5 CHARLES HANKIN CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

5 CHARLES HANKIN CLOSE: Plot and Title Map

5 CHARLES HANKIN CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 5 CHARLES HANKIN 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 5 CHARLES HANKIN 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 5 CHARLES HANKIN CLOSE?

5 CHARLES HANKIN CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 5 on CHARLES HANKIN CLOSE.