CLOVA, WESTOVER LANE, IVYBRIDGE, PL21 9HJ - £308,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CLOVA is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £308,500 in December 2016, which was around 28% below the average December 2016 detached price in the South Hams local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

CLOVA Sold Prices

Land registry data shows two sales for CLOVA 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 CLOVA 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
2016 9 DEC	£308,500	£425,972	28% below HPI
2011 30 JUN	£230,000	£377,665	39% below HPI

CLOVA 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 CLOVA sales from June 2011 and December 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 June 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is CLOVA?

CLOVA is 93m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where CLOVA lies on this distribution: 27% of detached houses are smaller than CLOVA, and 72% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

CLOVA: Plot and Title Map

CLOVA sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of CLOVA, 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 CLOVA). 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 CLOVA?

CLOVA is located on WESTOVER LANE in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of CLOVA on WESTOVER LANE.