FAIRMEADS, BITTAFORD, IVYBRIDGE, PL21 0ES - £379,000

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

FAIRMEADS is a midsized extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £379,000 in August 2016, which was around 8% below the average August 2016 detached price in the South Hams local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was A.

FAIRMEADS Sold Prices

Land registry data shows two sales for FAIRMEADS 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 FAIRMEADS 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 16 AUG	£379,000	£410,819	8% below HPI
1997 27 AUG	£98,000	£111,096	12% below HPI

FAIRMEADS 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 FAIRMEADS sales from August 1997 and August 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 August 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FAIRMEADS?

FAIRMEADS is 127m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in Bittaford, based on EPC data. The below chart shows the distribution of detached houses by size in Bittaford, and where FAIRMEADS lies on this distribution: 48% of detached houses are smaller than FAIRMEADS, and 52% of houses are larger. Note that EPC data is not available for all properties in Bittaford.

FAIRMEADS: Plot and Title Map

FAIRMEADS sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of FAIRMEADS, 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 FAIRMEADS). 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 FAIRMEADS?

FAIRMEADS is located in BITTAFORD, in the PL21 postcode district. The below map shows the position of FAIRMEADS in BITTAFORD.