5, OAK GARDENS, IVYBRIDGE, PL21 0NB - £322,500

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 OAK GARDENS is a small detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £374,316. It was last sold for £322,500 in May 2021, which was around 36% below the average May 2021 detached price in the South Hams local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

5 OAK GARDENS Sold Prices

Land registry data shows four sales for 5 OAK GARDENS 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 5 OAK GARDENS 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
2021 27 MAY	£322,500	£502,929	36% below HPI
2005 20 APR	£225,000	£312,899	28% below HPI
2002 25 SEP	£149,950	£238,593	37% below HPI
2001 10 APR	£110,000	£174,770	37% below HPI

5 OAK GARDENS 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 5 OAK GARDENS sales between April 2001 and May 2021 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 April 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 OAK GARDENS be worth now?

5 OAK GARDENS might now be worth an estimated £374,316.

This is based on house price inflation of 16.1%, between May 2021 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 16.1% inflationary increase is applied to the most recent sale price for 5 OAK GARDENS of £322,500 on 27th May 2021. For the value to have increased from £322,500 to £374,316 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 5 OAK GARDENS has moved in line with the HPI for detached houses in the South Hams local authority area.
• The May 2021 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK GARDENS has not materially changed since May 2021.

How Large is 5 OAK GARDENS?

5 OAK GARDENS is 104m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 OAK GARDENS lies on this distribution: 40% of detached houses houses are smaller than 5 OAK GARDENS, and 59% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

5 OAK GARDENS: Plot and Title Map

5 OAK GARDENS sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 5 OAK GARDENS, 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 OAK GARDENS). 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 OAK GARDENS?

5 OAK GARDENS is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 5 on OAK GARDENS.