55, CLEEVE DRIVE, IVYBRIDGE, PL21 9BP - £221,000

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.

55 CLEEVE DRIVE is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £314,713. It was last sold for £221,000 in September 2014, which was around 46% below the average September 2014 detached price in the South Hams local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

55 CLEEVE DRIVE Sold Prices

Land registry data shows three sales for 55 CLEEVE DRIVE 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 55 CLEEVE DRIVE 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
2014 23 SEP	£221,000	£409,914	46% below HPI
2003 15 JAN	£177,000	£269,244	34% below HPI
2001 12 DEC	£162,000	£199,089	19% below HPI

55 CLEEVE DRIVE 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 55 CLEEVE DRIVE sales between December 2001 and September 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 January 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 55 CLEEVE DRIVE be worth now?

55 CLEEVE DRIVE might now be worth an estimated £314,713.

This is based on house price inflation of 42.4%, between September 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 42.4% inflationary increase is applied to the most recent sale price for 55 CLEEVE DRIVE of £221,000 on 23rd September 2014. For the value to have increased from £221,000 to £314,713 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 55 CLEEVE DRIVE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2014 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 55 CLEEVE DRIVE has not materially changed since September 2014.

How Large is 55 CLEEVE DRIVE?

55 CLEEVE DRIVE is 57m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 55 CLEEVE DRIVE lies on this distribution: 1% of detached houses houses are smaller than 55 CLEEVE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

55 CLEEVE DRIVE: Plot and Title Map

55 CLEEVE DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 55 CLEEVE DRIVE, 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 55 CLEEVE DRIVE). 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 55 CLEEVE DRIVE?

55 CLEEVE DRIVE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 55 on CLEEVE DRIVE.