55, GORSE WAY, IVYBRIDGE, PL21 0GA - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 GORSE WAY is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £165,000 in September 2001, which was around 18% below the average September 2001 detached price in the South Hams local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

55 GORSE WAY Sold Prices

Land registry data shows two sales for 55 GORSE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 55 GORSE 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
2001 5 SEP	£165,000	£201,061	18% below HPI
1998 2 APR	£93,500	£120,810	23% below HPI

55 GORSE 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 two 55 GORSE WAY sales from April 1998 and September 2001 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 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2001 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 55 GORSE WAY?

55 GORSE WAY is 113m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 55 GORSE WAY lies on this distribution: 54% of detached houses are smaller than 55 GORSE WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

55 GORSE WAY: Plot and Title Map

55 GORSE WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 55 GORSE 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 55 GORSE 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 55 GORSE WAY?

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