59, GORSE WAY, IVYBRIDGE, PL21 0GA - £275,000

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

59 GORSE WAY is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £275,000 in October 2015, which was around 33% below the average October 2015 detached price in the South Hams local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

59 GORSE WAY Sold Prices

Land registry data shows two sales for 59 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 59 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
2015 23 OCT	£275,000	£411,664	33% below HPI
1998 30 JAN	£79,950	£114,947	30% below HPI

59 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 59 GORSE WAY sales from January 1998 and October 2015 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 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 59 GORSE WAY?

59 GORSE WAY is 96m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 59 GORSE WAY lies on this distribution: 32% of detached houses are smaller than 59 GORSE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

59 GORSE WAY: Plot and Title Map

59 GORSE WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 59 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 59 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 59 GORSE WAY?

59 GORSE WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 59 on GORSE WAY.