9, BENEDICT WAY, MODBURY, IVYBRIDGE, PL21 0TJ - £450,000

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

9 BENEDICT WAY is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £450,000 in August 2016, which was around 10% above the average August 2016 detached price in the South Hams local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

9 BENEDICT WAY Sold Prices

Land registry data shows three sales for 9 BENEDICT 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. One of the three 9 BENEDICT WAY sales was for above the average price, whilst two 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
2016 19 AUG	£450,000	£410,819	10% above HPI
2005 29 JUL	£240,000	£321,452	25% below HPI
2002 30 AUG	£175,000	£223,665	22% below HPI

9 BENEDICT 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 9 BENEDICT WAY sales between August 2002 and August 2016 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 July 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 9 BENEDICT WAY?

9 BENEDICT WAY is 145m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses by size in Modbury, and where 9 BENEDICT WAY lies on this distribution: 62% of detached houses are smaller than 9 BENEDICT WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Modbury.

9 BENEDICT WAY: Plot and Title Map

9 BENEDICT WAY sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 9 BENEDICT 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 9 BENEDICT 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 9 BENEDICT WAY?

9 BENEDICT WAY is located in MODBURY, in the PL21 postcode district. The below map shows the position of No. 9 on BENEDICT WAY.