THE PADDOCK, FORE STREET, IVYBRIDGE, PL21 9AE - £630,000

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

THE PADDOCK is a very large detached house of 160m². It was last sold for £630,000 in December 2022, which was around 6% above the average December 2022 detached price in the South Hams local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

THE PADDOCK Sold Prices

Land registry data shows two sales for THE PADDOCK 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. One of the two THE PADDOCK sales was for above the average price, whilst the other was 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
2022 6 DEC	£630,000	£594,396	6% above HPI
2018 26 OCT	£166,000	£445,709	63% below HPI

THE PADDOCK 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 PADDOCK sales from October 2018 and December 2022 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 October 2018 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the December 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE PADDOCK?

THE PADDOCK is 160m² according to the EPC inspection conducted in May 2020. This puts it in the largest 10% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where THE PADDOCK lies on this distribution: 92% of detached houses are smaller than THE PADDOCK, and 8% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

THE PADDOCK: Plot and Title Map

THE PADDOCK sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of THE PADDOCK, 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 PADDOCK). 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 PADDOCK?

THE PADDOCK is located on FORE STREET in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of THE PADDOCK on FORE STREET.