7, DROVERS WAY, WOODLANDS, IVYBRIDGE, PL21 9XA - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 DROVERS WAY is a midsized extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £423,292. It was last sold for £315,000 in November 2015, which was around 26% below the average November 2015 detached price in the South Hams local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

7 DROVERS WAY Sold Prices

Land registry data shows two sales for 7 DROVERS 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 7 DROVERS 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 6 NOV	£315,000	£428,389	26% below HPI
1998 7 APR	£101,000	£123,112	18% below HPI

7 DROVERS 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 7 DROVERS WAY sales from April 1998 and November 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 April 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 DROVERS WAY be worth now?

7 DROVERS WAY might now be worth an estimated £423,292.

This is based on house price inflation of 34.4%, between November 2015 and December 2024, 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 34.4% inflationary increase is applied to the most recent sale price for 7 DROVERS WAY of £315,000 on 6th November 2015. For the value to have increased from £315,000 to £423,292 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 DROVERS WAY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The November 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DROVERS WAY has not materially changed since November 2015.

How Large is 7 DROVERS WAY?

7 DROVERS WAY is 109m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% 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 DROVERS WAY lies on this distribution: 47% of detached houses houses are smaller than 7 DROVERS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

7 DROVERS WAY: Plot and Title Map

7 DROVERS WAY sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 7 DROVERS 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 7 DROVERS 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 7 DROVERS WAY?

7 DROVERS WAY is located in WOODLANDS, in the PL21 postcode district. The below map shows the position of No. 7 on DROVERS WAY.