THE OLD SURGERY, MOON LANE, MODBURY, IVYBRIDGE, PL21 0QT - £457,500

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 SURGERY is a midsized extended detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £463,500. It was last sold for £457,500 in June 2024, which was around 21% below the average June 2024 detached price in the South Hams local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

THE OLD SURGERY Sold Prices

Land registry data shows two sales for THE OLD SURGERY 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 SURGERY 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
2024 19 JUN	£457,500	£576,178	21% below HPI
2007 7 DEC	£373,000	£394,104	5% below HPI

THE OLD SURGERY 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 SURGERY sales from December 2007 and June 2024 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 December 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might THE OLD SURGERY be worth now?

THE OLD SURGERY might now be worth an estimated £463,500.

This is based on house price inflation of 1.3%, between June 2024 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 1.3% inflationary increase is applied to the most recent sale price for THE OLD SURGERY of £457,500 on 19th June 2024. For the value to have increased from £457,500 to £463,500 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of THE OLD SURGERY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The June 2024 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SURGERY has not materially changed since June 2024.

How Large is THE OLD SURGERY?

THE OLD SURGERY is 134m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Modbury, and where THE OLD SURGERY lies on this distribution: 50% of detached houses houses are smaller than THE OLD SURGERY, and 48% of houses are larger. Note that EPC data is not available for all properties in Modbury.

THE OLD SURGERY: Plot and Title Map

THE OLD SURGERY sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of THE OLD SURGERY, 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 SURGERY). 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 SURGERY?

THE OLD SURGERY is located on MOON LANE in MODBURY, in the PL21 postcode district. The below map shows the position of THE OLD SURGERY on MOON LANE.