5, FERNBANK AVENUE, WOODLANDS, IVYBRIDGE, PL21 9UY - £350,000

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 FERNBANK AVENUE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £350,559. It was last sold for £350,000 in February 2024, which was around 40% below the average February 2024 detached price in the South Hams local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

5 FERNBANK AVENUE Sold Prices

Land registry data shows three sales for 5 FERNBANK AVENUE 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 FERNBANK AVENUE 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 16 FEB	£350,000	£582,804	40% below HPI
2016 30 MAR	£237,500	£454,859	48% below HPI
1996 30 AUG	£79,950	£100,380	20% below HPI

5 FERNBANK AVENUE 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 FERNBANK AVENUE sales between August 1996 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 March 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2024 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 5 FERNBANK AVENUE be worth now?

5 FERNBANK AVENUE might now be worth an estimated £350,559.

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 5 FERNBANK AVENUE of £350,000 on 16th February 2024. For the value to have increased from £350,000 to £350,559 over the one year to February 2025, the following assumptions must hold true:

• The value of 5 FERNBANK AVENUE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The February 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FERNBANK AVENUE has not materially changed since February 2024.

How Large is 5 FERNBANK AVENUE?

5 FERNBANK AVENUE is 82m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% 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 FERNBANK AVENUE lies on this distribution: 12% of detached houses houses are smaller than 5 FERNBANK AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

5 FERNBANK AVENUE: Plot and Title Map

5 FERNBANK AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 FERNBANK AVENUE, 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 FERNBANK AVENUE). 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 FERNBANK AVENUE?

5 FERNBANK AVENUE is located in WOODLANDS, in the PL21 postcode district. The below map shows the position of No. 5 on FERNBANK AVENUE.