9, GORSE WAY, IVYBRIDGE, PL21 0YQ - £240,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

9 GORSE WAY is a very small semi-detached house of 54m², built sometime between 1991 and 1995. It was last sold for £240,000 in June 2022, which was around 59% below the average June 2022 detached price in the South Hams local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

9 GORSE WAY Sold Prices

Land registry data shows four sales for 9 GORSE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four 9 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
2022 30 JUN	£240,000	£580,305	59% below HPI
2015 6 NOV	£167,500	£420,377	60% below HPI
2004 27 MAY	£148,950	£282,534	47% below HPI
1995 1 DEC	£49,995	£94,588	47% below HPI

9 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 four 9 GORSE WAY sales between December 1995 and June 2022 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 2015 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the June 2022 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 9 GORSE WAY?

9 GORSE WAY is 54m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 9 GORSE WAY lies on this distribution: 1% of detached houses are smaller than 9 GORSE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

9 GORSE WAY: Plot and Title Map

9 GORSE WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 9 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 9 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 9 GORSE WAY?

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