7, COLE LANE, IVYBRIDGE, PL21 0PN - £250,000

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.

7 COLE LANE is a small detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £387,079. It was last sold for £250,000 in August 2010, which was around 34% below the average August 2010 detached price in the South Hams local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

7 COLE LANE Sold Prices

Land registry data shows two sales for 7 COLE LANE 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 7 COLE LANE 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
2010 25 AUG	£250,000	£377,013	34% below HPI
2000 24 NOV	£124,000	£171,863	28% below HPI

7 COLE LANE 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 7 COLE LANE sales from November 2000 and August 2010 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 November 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2010 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 COLE LANE be worth now?

7 COLE LANE might now be worth an estimated £387,079.

This is based on house price inflation of 54.8%, between August 2010 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 54.8% inflationary increase is applied to the most recent sale price for 7 COLE LANE of £250,000 on 25th August 2010. For the value to have increased from £250,000 to £387,079 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 COLE LANE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The August 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COLE LANE has not materially changed since August 2010.

How Large is 7 COLE LANE?

7 COLE LANE is 93m² according to the EPC inspection conducted in October 2009. 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 7 COLE LANE lies on this distribution: 29% of detached houses houses are smaller than 7 COLE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

7 COLE LANE: Plot and Title Map

7 COLE LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 7 COLE LANE, 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 7 COLE LANE). 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 7 COLE LANE?

7 COLE LANE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 7 on COLE LANE.