THE OLD BARN, GODWELL LANE, IVYBRIDGE, PL21 0LT - £480,000

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.

THE OLD BARN is a very large extended detached house of 239m², built sometime between 1967 and 1975, which could now be worth an estimated £818,920. It was last sold for £480,000 in September 2009, which was around 40% above the average September 2009 detached price in the South Hams local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

THE OLD BARN Sold Prices

Land registry data shows two sales for THE OLD BARN 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 THE OLD BARN 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
2009 18 SEP	£480,000	£342,149	40% above HPI
1995 13 SEP	£180,000	£97,804	84% above HPI

THE OLD 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 two THE OLD BARN sales from September 1995 and September 2009 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 September 1995 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2009 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might THE OLD BARN be worth now?

THE OLD BARN might now be worth an estimated £818,920.

This is based on house price inflation of 70.6%, between September 2009 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.6% inflationary increase is applied to the most recent sale price for THE OLD BARN of £480,000 on 18th September 2009. For the value to have increased from £480,000 to £818,920 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of THE OLD BARN has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2009 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD BARN has not materially changed since September 2009.

How Large is THE OLD BARN?

THE OLD BARN is 239m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ivybridge, and where THE OLD BARN lies on this distribution: 99% of detached houses houses are smaller than THE OLD BARN, and 1% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

THE OLD BARN: Plot and Title Map

THE OLD BARN sits on a plot of roughly 0.412 of an acre, or 1,669m². The below map shows the location of THE OLD 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 THE OLD 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 THE OLD BARN?

THE OLD BARN is located on GODWELL LANE in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of THE OLD BARN on GODWELL LANE.