62, GORSE WAY, IVYBRIDGE, PL21 0GA - £240,000

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

62 GORSE WAY is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £240,000 in February 2014, which was around 35% below the average February 2014 detached price in the South Hams local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

62 GORSE WAY Sold Prices

Land registry data shows three sales for 62 GORSE 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 62 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
2014 21 FEB	£240,000	£368,139	35% below HPI
2000 1 SEP	£133,000	£162,456	18% below HPI
1998 26 JUN	£97,450	£117,183	17% below HPI

62 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 three 62 GORSE WAY sales between June 1998 and February 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 September 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 62 GORSE WAY?

62 GORSE WAY is 108m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 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 62 GORSE WAY lies on this distribution: 45% of detached houses are smaller than 62 GORSE WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

62 GORSE WAY: Plot and Title Map

62 GORSE WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 62 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 62 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 62 GORSE WAY?

62 GORSE WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 62 on GORSE WAY.