8, SILVERWELL PARK, MODBURY, IVYBRIDGE, PL21 0RJ - £563,000

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

8 SILVERWELL PARK is a midsized extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £563,000 in January 2024, which was around 5% below the average January 2024 detached price in the South Hams local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

8 SILVERWELL PARK Sold Prices

Land registry data shows three sales for 8 SILVERWELL PARK 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 8 SILVERWELL PARK 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
2024 25 JAN	£563,000	£591,979	5% below HPI
2014 15 DEC	£355,000	£407,155	13% below HPI
2007 24 AUG	£245,275	£384,659	36% below HPI

8 SILVERWELL PARK 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 8 SILVERWELL PARK sales between August 2007 and January 2024 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 December 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 SILVERWELL PARK?

8 SILVERWELL PARK is 141m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where 8 SILVERWELL PARK lies on this distribution: 57% of detached houses are smaller than 8 SILVERWELL PARK, and 43% of houses are larger. Note that EPC data is not available for all properties in Modbury.

8 SILVERWELL PARK: Plot and Title Map

8 SILVERWELL PARK sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 8 SILVERWELL PARK, 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 8 SILVERWELL PARK). 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 8 SILVERWELL PARK?

8 SILVERWELL PARK is located in MODBURY, in the PL21 postcode district. The below map shows the position of No. 8 on SILVERWELL PARK.