HEATHERVALE, PLYMOUTH ROAD, HORRABRIDGE, YELVERTON, PL20 7RL - £580,000

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.

HEATHERVALE is a very large extended detached house of 248m², built sometime between 1983 and 1990, which could now be worth an estimated £610,551. It was last sold for £580,000 in November 2023, which was around 33% above the average November 2023 detached price in the West Devon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

HEATHERVALE Sold Prices

Land registry data shows four sales for HEATHERVALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Most of the four HEATHERVALE sales 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
2023 15 NOV	£580,000	£435,666	33% above HPI
2021 2 MAR	£460,000	£385,761	19% above HPI
2016 24 MAR	£375,000	£320,083	17% above HPI
2015 30 MAR	£150,000	£305,207	51% below HPI

HEATHERVALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The four HEATHERVALE sales between March 2015 and November 2023 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 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might HEATHERVALE be worth now?

HEATHERVALE might now be worth an estimated £610,551.

This is based on house price inflation of 5.3%, between November 2023 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for HEATHERVALE of £580,000 on 15th November 2023. For the value to have increased from £580,000 to £610,551 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of HEATHERVALE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2023 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHERVALE has not materially changed since November 2023.

How Large is HEATHERVALE?

HEATHERVALE is 248m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horrabridge, and where HEATHERVALE lies on this distribution: 97% of detached houses houses are smaller than HEATHERVALE, and 3% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.

HEATHERVALE: Plot and Title Map

HEATHERVALE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of HEATHERVALE, 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 HEATHERVALE). 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 HEATHERVALE?

HEATHERVALE is located on PLYMOUTH ROAD in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of HEATHERVALE on PLYMOUTH ROAD.