5, WALTHAM WAY, IVYBRIDGE, PL21 0YF - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 WALTHAM WAY is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £360,574. It was last sold for £165,000 in February 2003, which was around 38% below the average February 2003 detached price in the South Hams local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

5 WALTHAM WAY Sold Prices

Land registry data shows three sales for 5 WALTHAM WAY 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 WALTHAM 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
2003 12 FEB	£165,000	£267,119	38% below HPI
1999 14 SEP	£85,000	£139,706	39% below HPI
1996 23 FEB	£70,000	£97,769	28% below HPI

5 WALTHAM 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 three 5 WALTHAM WAY sales between February 1996 and February 2003 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 September 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2003 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 5 WALTHAM WAY be worth now?

5 WALTHAM WAY might now be worth an estimated £360,574.

This is based on house price inflation of 118.5%, between February 2003 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 118.5% inflationary increase is applied to the most recent sale price for 5 WALTHAM WAY of £165,000 on 12th February 2003. For the value to have increased from £165,000 to £360,574 over the 22 years to February 2025, the following assumptions must hold true:

• The value of 5 WALTHAM WAY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The February 2003 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WALTHAM WAY has not materially changed since February 2003.

How Large is 5 WALTHAM WAY?

5 WALTHAM WAY is 92m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 WALTHAM WAY lies on this distribution: 26% of detached houses houses are smaller than 5 WALTHAM WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

5 WALTHAM WAY: Plot and Title Map

5 WALTHAM WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 WALTHAM 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 5 WALTHAM 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 5 WALTHAM WAY?

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