9, THE PRIORY, MODBURY, IVYBRIDGE, PL21 0TL - £410,000

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 THE PRIORY is a very small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £410,000 in June 2020, which was around 8% below the average June 2020 detached price in the South Hams local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

9 THE PRIORY Sold Prices

Land registry data shows three sales for 9 THE PRIORY 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 9 THE PRIORY 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
2020 30 JUN	£410,000	£444,553	8% below HPI
2015 18 MAR	£270,000	£398,176	32% below HPI
1997 17 APR	£72,000	£106,520	32% below HPI

9 THE PRIORY 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 THE PRIORY sales between April 1997 and June 2020 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 March 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 9 THE PRIORY?

9 THE PRIORY is 94m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 THE PRIORY lies on this distribution: 14% of detached houses are smaller than 9 THE PRIORY, and 86% of houses are larger. Note that EPC data is not available for all properties in Modbury.

9 THE PRIORY: Plot and Title Map

9 THE PRIORY sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 9 THE PRIORY, 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 THE PRIORY). 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 THE PRIORY?

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