ERMEWOOD BARN, TOTNES ROAD, ERMINGTON, IVYBRIDGE, PL21 9NS - £425,000

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

ERMEWOOD BARN is a midsized extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2017, which was around 1% below the average January 2017 detached price in the South Hams local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

ERMEWOOD BARN Sold Prices

Land registry data shows four sales for ERMEWOOD BARN 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. two of the four ERMEWOOD BARN sales were for below the average price, and four were for above 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
2017 20 JAN	£425,000	£430,663	1% below HPI
2013 28 JUN	£329,000	£366,443	10% below HPI
2000 23 MAY	£196,000	£147,978	32% above HPI
1996 29 OCT	£122,000	£104,153	17% above HPI

ERMEWOOD BARN 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 ERMEWOOD BARN sales between October 1996 and January 2017 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is ERMEWOOD BARN?

ERMEWOOD BARN is 123m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses in Ermington, based on EPC data. The below chart shows the distribution of detached houses by size in Ermington, and where ERMEWOOD BARN lies on this distribution: 52% of detached houses are smaller than ERMEWOOD BARN, and 45% of houses are larger. Note that EPC data is not available for all properties in Ermington.

ERMEWOOD BARN: Plot and Title Map

ERMEWOOD BARN sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of ERMEWOOD BARN, 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 ERMEWOOD BARN). 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 ERMEWOOD BARN?

ERMEWOOD BARN is located on TOTNES ROAD in ERMINGTON, in the PL21 postcode district. The below map shows the position of ERMEWOOD BARN on TOTNES ROAD.