9, PEARSE GARDENS, MODBURY, IVYBRIDGE, PL21 0FX - £350,000

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.

9 PEARSE GARDENS is a very small detached house of 83m², which could now be worth an estimated £398,231. It was last sold for £350,000 in March 2021, which was around 32% below the average March 2021 detached price in the South Hams local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

9 PEARSE GARDENS Sold Prices

Land registry data shows two sales for 9 PEARSE GARDENS 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 9 PEARSE GARDENS 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
2021 18 MAR	£350,000	£513,037	32% below HPI
2019 28 JUN	£294,950	£446,932	34% below HPI

9 PEARSE GARDENS 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 9 PEARSE GARDENS sales from June 2019 and March 2021 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 June 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 9 PEARSE GARDENS be worth now?

9 PEARSE GARDENS might now be worth an estimated £398,231.

This is based on house price inflation of 13.8%, between March 2021 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 13.8% inflationary increase is applied to the most recent sale price for 9 PEARSE GARDENS of £350,000 on 18th March 2021. For the value to have increased from £350,000 to £398,231 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 9 PEARSE GARDENS has moved in line with the HPI for detached houses in the South Hams local authority area.
• The March 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PEARSE GARDENS has not materially changed since March 2021.

How Large is 9 PEARSE GARDENS?

9 PEARSE GARDENS is 83m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Modbury, and where 9 PEARSE GARDENS lies on this distribution: 9% of detached houses houses are smaller than 9 PEARSE GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Modbury.

9 PEARSE GARDENS: Plot and Title Map

9 PEARSE GARDENS sits on a plot of roughly 0.335 of an acre, or 1,357m². The below map shows the location of 9 PEARSE GARDENS, 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 PEARSE GARDENS). 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 PEARSE GARDENS?

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